More Than $2 Million Raised to Date in Effort to Assist 8,000 Employees
LAS VEGAS, Sept. 22 /PRNewswire-FirstCall/ -- In the largest donation by a
third party to date, the Ontario Lottery and Gaming Corp. (OLGC) has donated
C$250,000 (US$211,700) to the Harrah's Employee Recovery Fund, Harrah's
Entertainment, Inc. (NYSE: HET).
(Logo: http://www.newscom.com/cgi-bin/prnh/20021220/LAF055LOGO)
(Photo: http://www.newscom.com/cgi-bin/prnh/20050922/LATH087)
The OLGC, a crown agency of the Government of the Canadian province of
Ontario, made the donation as part of a C$1 million (US$855,000) contribution
to Hurricane Katrina relief efforts in the United States. The OLGC is the
owner of Casino Windsor, which is operated by Harrah's.
"The Ontario Lottery and Gaming Corporation's donation to the Harrah's
Employee Recovery Fund is greatly appreciated," said Tim Wilmott, Harrah's
chief operating officer and chairman of the Harrah's Foundation, which
oversees the Employee Recovery Fund. "The OLGC's contribution to the recovery
fund will certainly help Harrah's employees in their time of great need."
The Harrah's Employee Recovery Fund was seeded with a $1 million
allocation by the Harrah's Foundation. To date, $2.18 million has been
contributed to the fund, including nearly $500,000 from Harrah's employees.
The fund has also received numerous monetary donations from outside
vendors, including:
* Brady Industries, $100,000;
* CIGNA, which has committed $25,000; and,
* A substantial contribution from International Game Technology (IGT).
In addition, Harrah's has received contributions of goods and services
from many vendors in its hurricane recovery efforts, including PR Newswire and
the Bernard Hodes Group.
"The lives of nearly 8,000 Harrah's employees were disrupted by this
devastating storm," Wilmott said. "Thanks to the generosity of our business
partners, our employees and members of the public, we can help supply the
assistance our displaced employees need to begin the recovery process."
The public can assist Harrah's employees by visiting the company's Web
site -- http://www.harrahs.com -- for additional information on how to help.
For more information on the company's employee relief efforts, please
visit: http://www.prnewswire.com/mnr/harrahs/22667/.
Harrah's Entertainment, Inc., is the world's largest provider of branded
casino entertainment. Since its beginning in Reno, Nevada 67 years ago,
Harrah's has grown through development of new properties, expansions and
acquisitions. On June 13, 2005, Harrah's Entertainment acquired Caesars
Entertainment, Inc., and now owns or manages through various subsidiaries more
than 40 casinos in three countries, primarily under the Harrah's, Caesars and
Horseshoe brand names. With nearly 4 million square feet of casino space,
more than 40,000 hotel rooms and nearly 100,000 employees, the Harrah's
portfolio is the most diverse in the gaming industry. Harrah's Entertainment
is focused on building loyalty and value with its customers through a unique
combination of great service, excellent products, unsurpassed distribution,
operational excellence and technology leadership.
SOURCE Harrah's Entertainment, Inc.
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Related links: http://www.harrahs.com http://www.prnewswire.com/mnr/harrahs/22667
Photo Notes: NewsCom: http://www.newscom.com/cgi-bin/prnh/20021220/LAF055LOGO http://www.newscom.com/cgi-bin/prnh/20050922/LATH087 AP Archive: http://photoarchive.ap.org PRN Photo Desk, photodesk@prnewswire.com
CONTACT: Investors, Daniel Foley, +1-702-407-6370, or Media, Alberto Lopez, +1-702-407-6344, both of Harrah's Entertainment, Inc.
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