TITLE

Harrah's Entertainment posts quarterly loss

AUTHOR(S)
Knightly, Arnold M.
PUB. DATE
November 2008
SOURCE
Las Vegas Business Press (10712186);11/17/2008, Vol. 25 Issue 46, p15
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports on a net loss of $129.7 million incurred by Harrah's Entertainment for the quarter ended September 30, 2008. It states that the casino company has cut jobs and expenses to combat a decline in customer spending. Third-quarter revenue fell by 6.8 percent while cash flow also for the said period dropped by 13.7 percent.
ACCESSION #
35377813

 

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