Blotter: Harrah’s ready to take over Planet Hollywood
Casino conglomerate Harrah’s Entertainment recently received approval from the Nevada Gaming Control Board to acquire the ailing Planet Hollywood casino on the Las Vegas Strip.
Last month, Harrah’s took over hotel operations for the troubled property. The acquisition would stretch the company’s control of the real estate along the east side of the Strip, including Harrah’s Las Vegas, Imperial Palace, the Flamingo, Bill’s Gamblin’ Hall, Bally’s and Paris Las Vegas.
Dennis Neilander, president of the NGCB, said that the efforts of Harrah’s to save Planet Hollywood from potential bankruptcy "makes a lot of sense" for both the company and the state.

