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Aug 23, 2005 · Harrah's Entertainment Inc. has signed an agreement to purchase the Imperial Palace for $370 million, giving the company a larger foothold on the Strip and ownership of four adjacent casinos.
Aug 24, 2005 · Harrah's Entertainment agreed to acquire the Imperial Palace Hotel & Casino on the Las Vegas Strip for $370 million.
From 2005 to 2010, the company consolidated control of a long stretch of the east side of the Las Vegas Strip, acquiring the Bourbon Street, [51] Imperial Palace, [52] Barbary Coast, [53] [54] and Planet Hollywood [55] casinos, along with large tracts of land behind the Strip properties.
Harrah's Entertainment (later known as Caesars Entertainment) purchased the Imperial Palace in 2005, for $370 million. The company considered partial or complete demolition of the resort, before deciding on a renovation instead. On December 21, 2012, Caesars renamed the resort as The Quad.
Harrah’s Entertainment Inc., the world’s largest gambling company, has agreed to buy the aging Imperial Palace hotel-casino on the Las Vegas Strip for $370 million. Harrah’s said it has no...
Nov 23, 2010 · Harrah's acquired Caesars Entertainment Inc. in June 2005 in a $9 billion buyout, which at the time was the gaming industry's largest acquisition. The company announced plans to change...
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The transition to being a private company, as well as several regulatory hurdles will take time, and some expect the entire process to take as much as a year. The Harrah's-owned World Series of Poker is expected to be unaffected, and will begin its run at the Rio in Las Vegas on June 1st."
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