shareholders approved a new corporate name, Holiday Corporation. Holiday Inn acquires the remaining 60 percent interest in the River Boat Casino, Harrah's assumes management of the casino and hotel. Holiday Inn at the time has 1,600 hotels and interests in two casinos: a casino under construction in Atlantic City, New Jersey, and 40 percent ownership in the River Boat Casino adjacent to the Holiday Inn in Las Vegas. Holiday Inns, Incorporated acquires Harrah's. Harrah's becomes first casino company listed on the New York Stock Exchange.
Harrah's is listed on the American Stock Exchange.
Harrah's begins public trading with issue of 450,000 over-the-counter shares. Harrah's begins expansion of Lake Tahoe facility, including the world famous South Shore Room.Ĩ,500 square foot expansion to Harrah's Lake Tahoe begins. Harrah's purchases several clubs at Lake Tahoe in Stateline, Nevada, beginning what would become today's Harrah's Lake Tahoe. Bill Harrah opens his first bingo parlor in Reno, Nevada.īill Harrah opens Harrah's Club at its present location on North Virginia Street in downtown Reno.
