Harrah's Buys Caesars in Casino Merger

By Scott Horsley

Published July 14, 2004 at 9:00 PM PDT

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The world's largest casino company will be created when Harrah's Entertainment acquires Caesars Entertainment for about $5 billion. The deal is a sign of consolidation in Las Vegas and the riverfront casino business. NPR's Scott Horsley reports.

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Scott Horsley

Scott Horsley is NPR's Chief Economics Correspondent. He reports on ups and downs in the national economy as well as fault lines between booming and busting communities.

See stories by Scott Horsley