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Harrah's Buys Caesars in Casino Merger

By Scott Horsley
Published July 15, 2004 at 12:00 AM EDT

The world's largest casino company will be created when Harrah's Entertainment acquires Caesars Entertainment for about $5 billion. The deal is a sign of consolidation in Las Vegas and the riverfront casino business. NPR's Scott Horsley reports.

Copyright 2004 NPR
Scott Horsley
Scott Horsley is NPR's Chief Economics Correspondent. He reports on ups and downs in the national economy as well as fault lines between booming and busting communities.
See stories by Scott Horsley