Two Way Hard Three | Las Vegas Casino & Design Blog

June 8, 2005

FTC Clears Harrah's Acquisition of Caesars

Posted by Hunter

According to sources familiar with the deal, the Federal Trade Commission today approved the merger between Harrah's Entertainment and Caesars Entertainment.

The last hurdle towards finalizing the merger is Nevada gaming authorities, who are expected to approve the deal on Friday, June 10th.

Once the deal is complete, Harrah's will own the following Las Vegas casinos: Paris, Bally's, The Flamingo, Caesars Palace, Harrah's Las Vegas, and the Rio. Harrah's has extensive holdings outside of Nevada as well.

AP Story: Harrah's and Caesars Merger Clears FTC


Read archived comments (2 so far)
June 8, 2005 6:01 PM Posted by tom

I have always like Caesar's even though I have never stayed there. I am very concerned that Harrah's does not know how to run a place at the high end of the market and that this merger will spell the end of Caesar's as we know it today.

June 9, 2005 5:26 AM Posted by detroit1051

I agree with Tom's concern about Harrah's ability to operate Caesars. I'll think better of Harrah's if they improve Bally's and get rid of the awful entrance from the Strip.