Online Horse Betting - Harrah's buys Casino 6

Harrah's buys casino No. 6 on Strip:- LAS VEGAS
August 24, 2005 2:11:55 AM IST

Harrah's Entertainment has paid $370 million to buy Las Vegas' Imperial Palace, the Las Vegas Review-Journal reported Tuesday.

The deal gives the gambling giant six major resorts in the center of the city's coveted Strip.
The 2,640-room Imperial Palace sits on 18.5 acres between Harrah's Las Vegas and the Flamingo on the east side of the Strip and across the street from Caesars Palace
Analysts said the acquisition gives Harrah's numerous development options, a likely one of which is demolishing the aging Imperial Palace to build a new facility.

The only property missing from Harrah's center Strip portfolio is the Barbary Coast, which is owned by Boyd Gaming Corp.

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