Park Place Entertainment - Ownership and Business Overview

LeisureCompany

Park Place Entertainment Ownership

Who owns Park Place Entertainment?

Park Place Entertainment is owned by Caesars Entertainment. It was acquired on June 13, 2005.

Park Place Entertainment Business Overview

Where is Park Place Entertainment headquartered?

Park Place Entertainment is headquartered in Las Vegas, Nevada.

What sector is Park Place Entertainment in?

Park Place Entertainment is a leisure company.

When was Park Place Entertainment founded?

Park Place Entertainment was founded in 1998.

Leisure M&A Summary in 2005

Out of 60 sectors in the Mergr database, leisure ranked 40 in number of deals in 2005. The largest leisure acquisition in 2005 was Mandalay Resort Group - which was acquired by MGM Resorts International for $7.9B.

Join Mergr to view all 18 acquisitions of leisure companies in 2005, including 7 acquisitions by private equity firms, and 11 by strategics.

Park Place Entertainment Corp.

3930 Howard Hughes Parkway,
Las Vegas, Nevada 89109
United States,
(702) 699-5000

Park Place Entertainment Corp operates casinos and hotels in the United States.


Company Summary

SECTOR

Leisure

Established

1998

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