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The move this month by New Jersey regulators to deny a license to Columbia Sussex to operate the Tropicana casino in Atlantic City is both a stark reminder of the unique demands of the casino business and a cautionary tale for newer entrants.
Harrah’s Entertainment, Inc. , announced today that the reference security previously reported in the tender offer statement and press release with respect to the cash tender offer for the 7.5% Notes due 2009 commenced by Harrah’s Operating Company, Inc. , a subsidiary of Harrah’s Entertainment, on December 21, 2009, is hereby amended to be the 4.000% UST due August 31, 2009.
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