Harrah's Completes Acquisition of Imperial Palace - Wednesday 28th of December 2005

LAS VEGAS Harrah's Entertainment, Inc. (NYSE:HET) said today that it has completed its previously announced acquisition of the Imperial Palace Hotel & Casino in Las Vegas.

With the acquisition, Harrah's now operates seven properties on the Las Vegas Strip.

Harrah's Entertainment, Inc. is the world's largest provider of branded casino entertainment. Since its beginning in Reno, Nevada 68 years ago, Harrah's has grown through development of new properties, expansions and acquisitions. 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.

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