About Harrahs
Harrahs is a company based in Valley Center (United States) founded in 1994 was acquired by Apollo Global Management in December 2006.. Harrahs offers products and services including Hotel Accommodations and Casino Gaming.
- Headquarter Valley Center, United States
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Harrah's Entertainment, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$9.3 B (USD), Debt – Conventional
Dec 01, 2008
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Investors
Apollo Global Management
& 2 more
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Employee Count
Employee Count
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Acquired by
Apollo Global Management
(Dec 19, 2006)
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Products & Services of Harrahs
Harrahs offers a comprehensive portfolio of products and services, including Hotel Accommodations and Casino Gaming. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Lodging services are provided for guests in various locations, supporting stays for tourism and events.
Gaming and betting services are offered as part of the entertainment options available at the properties.
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Software Development Team
120 people
Sales and Marketing
107 people
Leadership Team
101 people
Operations Team
33 people
Human Resources and Administration
29 people
Product Management Team
20 people
Legal and Compliance
14 people
Finance and Accounting
8 people
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Funding Insights of Harrahs
- Total Funding Total Funding
- Total Rounds 1
- Last Round Debt – Conventional — $9.3B
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First Round
First Round
(01 Dec 2008)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2008 | Amount | Debt – Conventional - Harrahs | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Harrahs
Harrahs has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Apollo Global Management, TPG and Paulson & Co.. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Buyouts are targeted through private equity investments by the firm.
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Founded Year | Domain | Location | |
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Fund of funds focused on pre-seed and seed-stage companies
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Founded Year | Domain | Location | |
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Limited information is provided about Paulson & Co., Inc.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Harrahs
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Harrahs
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Harrahs Comparisons
Competitors of Harrahs
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Harrahs
When was Harrahs founded?
Harrahs was founded in 1994 and raised its 1st funding round 14 years after it was founded.
Where is Harrahs located?
Harrahs is headquartered in Valley Center, United States. It is registered at Valley Center, California, United States.
Who is the current CEO of Harrahs?
Tony Rodio is the current CEO of Harrahs.
What does Harrahs do?
Harrahs was established in 1994 in Valley Center, United States, within the gaming and entertainment sector. Casinos and clubs are owned and operated, with services encompassing gambling facilities, hospitality, and related amenities. Operations are centered in the United States, managed under the leadership of CEO Tony Rodio. The domain harrahs.com supports online presence for these activities.
What products or services does Harrahs offer?
Harrahs offers Hotel Accommodations and Casino Gaming.
Who are Harrahs's investors?
Harrahs has 3 investors. Key investors include Apollo Global Management, TPG, and Paulson & Co..