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Non-Tech : Harrah's Entertainment (HET)

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To: DWB who wrote ()8/2/1999 11:45:00 AM
From: Paul Lee   of 164
 
Harrah's Board Approves Stock Repurchase

MEMPHIS, Tenn., Aug. 2 /PRNewswire/ -- Harrah's Entertainment, Inc. (NYSE: HET) today announced that its Board of Directors has authorized the company to repurchase up to ten million shares of the company's common stock before December 31, 2000. The purchases will be made from time to time in open market or privately negotiated transactions as market conditions and other factors warrant.

Harrah's Entertainment, Inc. is the most recognized and respected name in the casino entertainment industry operating 18 casinos in the United States under the Harrah's, Showboat and Rio brand names. Founded more than 60 years ago, Harrah's is focused on building loyalty and value with its targeted customers through a unique combination of great service, excellent products, unsurpassed distribution, operational excellence and technology leadership.
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