Monday, July 9, 2007

Harrah's Entertainment

Harrah's Entertainment is among the world’s largest Casinos and Gaming sector businesses in the world.  Harrah's Entertainment’s employees generate $538.7M in profits on $9.973B of revenue.  Global output in the Casinos and Gaming business will likely rise substantially over the next 10 years.  Long-term economic growth may lift all boats, but Harrah's Entertainment is determined to remain a market leader.  Sectoral leadership in the Casinos and Gaming segment takes dedication and consistency, but management seeks out-sized growth.

Harrah's Entertainment’s ticker symbol HET has recently been trading near $85.39 a share.  The Harrah's Entertainment corporate headquarters in Las Vegas NV predicts Casinos and Gaming profits will satisfy shareholders in search of risk-appropriate returns.

The significance of market volume is sometimes ignored, but with a total market capitalization of $15.941B ensures sufficient liquidity.  With a beta of 2.27, the company is more volatile than the market as a whole.  When the average equity moves higher, Harrah's Entertainment moves more aggressively.

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