Harrah's Entertainment Tops List in BusinessWeek's National Philanthropy Poll

LAS VEGAS, Dec. 6 /PRNewswire-FirstCall/ -- Harrah's Entertainment, Inc.
(NYSE: HET) ranks among the country's top corporate donors, according to
BusinessWeek magazine.
    (Logo:  here)
    BusinessWeek's November 26 issue says Harrah's is the "most generous cash
giver as a percent of pre-tax profits" among the 500 companies that comprise
the Standard & Poor's stock index.  In 2006, Harrah's and its affiliates paid
out an average of $1.5 million weekly to various organizations, or 9.2 percent
of the company's pre-tax profits, the magazine says.  The figure includes
required donations or payments to charitable or governmental entities that are
part of the company's operating agreements in certain jurisdictions.
    The company's $76.8 million in 2006 contributions also ranked 14th on the
S&P index's "largest cash givers" list, BusinessWeek says.
    Harrah's is the only gaming company on this list, joining other companies
such as Wal-Mart Stores, Bank of America, Target, Altria Group and Citigroup
that are cited for their charitable donations.
    "Harrah's is guided by a Code of Commitment, a public pledge to our
employees, guests and communities that we will be a responsible corporate
citizen," said Charles Atwood, vice chairman of the board of Harrah's
Entertainment and chairman of the Harrah's Foundation. "We are proud to be
able to provide much-needed support to organizations that enhance the quality
of life in our communities."
    As part of its commitment to communities, Harrah's created the Harrah's
Foundation, a private, 501(c)(3) foundation, in 2002.  The Harrah's Foundation
is funded by Harrah's properties and supports social reinvestment programs by
funding eligible nonprofit organizations dedicated to seniors, education and
civic programs.
    Nationally, Harrah's and its Foundation are the largest corporate sponsors
of the Meals on Wheels Association of America, and are one of the top two
corporate sponsors of the Alzheimer's Association.  Additionally, in September
of 2007 Harrah's became the single largest corporate donor to the University
of Nevada, Las Vegas, with a $30 million commitment to INNovation Village, a
state-of-the-art hospitality education and research center to be constructed
on the campus.
    Harrah's Entertainment is the world's largest provider of branded casino
entertainment. Since its beginning in Reno, Nevada, nearly 70 years ago,
Harrah's has grown through development of new properties, expansions and
acquisitions, and now owns or manages casinos on four continents. The
company's properties operate primarily under the Harrah's, Caesars and
Horseshoe brand names; Harrah's also owns the London Clubs International
family of casinos and the World Series of Poker. 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.
    For more Harrah's information, please visit: www.harrahs.com.
    For more information on Harrah's corporate philanthropy programs, please
go to here.
SOURCE  Harrah's Entertainment, Inc.

Debi Puccinelli of Harrah's Entertainment, Inc., +1-702-407-6532,
dpuccinelli@harrahs.com