![]() ![]() ![]() The company has since undergone many acquisitions and mergers. made an initial public offering in 1971 and was listed on the American Stock Exchange in 1972. In 1955, the business expanded to Stateline, Nevada, to open Harrah's Lake Tahoe. The company's background can be traced to a small bingo Parlor opened by Bill Harrah in Reno, Nevada. It has gone by other names including The Promus Companies and Harrah's Entertainment. ![]() Specifically, the company turned over $8.6 billion USD at that time.Ĭaesars is owned by several private equity firms, managed by Apollo Global Management, TPG Capital and Others.Ĭaesars was formed in 1937. It has several subsidiary brands which together made it the fourth largest gaming company in 2013 by revenue. Caesars Entertainment Corporation is a business based in Paradise, Nevada, that operates casinos, hotels, and golf courses. ![]()
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