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Harrah's Eyeballing Macau Possibilities

By Chuckmonster on Thursday, 15th September 2005 11:47am
  » filed under Las Vegas  comments: 0


U.S. casino operators, faced with little appetite for commercial casinos in states outside of Nevada, New Jersey and Mississippi, are looking to Asia for their biggest growth opportunities.

"There is no question that international is the place to be," said Gary Loveman, chief executive of Harrah's Entertainment Inc., told Reuters at a gaming conference held this week in Las Vegas.

Harrah's, the world's largest gambling company, is "exploring entry opportunities" in Macau, the Chinese enclave that is Asia's answer to Europe's Monaco, after sitting out the first round of licensing concessions, Loveman said.



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