In 2020, two major gambling companies, Caesars Entertainment, Inc. and Eldorado Resorts, Inc. joined forces to become the largest gambling company in America. As they embark on this new journey, the storied histories of both companies place us as the global pioneers of the gaming business.
It is a story of passion, dreams, and, of course, the importance of the family. The small beginning of the Caesars Entertainment corporate history was the establishment of the Harrah’s Bingo Club by Bill Harrah in 1937 in Reno, Nevada. From a single facility it has expanded to offer over 50 bright casinos in different parts of the globe. The first casino in the Las Vegas Strip was Flamingo Hotel & Casino which opened in 1947 while the first casino firm to go public was Harrah’s which went to New York Stock Exchange in 1973.
Three other major characters in the gaming industry, Benny Binion, Jay Sarno and Donald Carano were busy meanwhile in the process of writing their own chapters.
The first Horseshoe Casino was opened by Benny Binion in 1951 and he is considered as one of the key figures in Las Vegas casinos development, who introduced such ideas as high stakes, limousine transportation for the visitors, and privileges for all the guests, not only for those who gamble big.
Jack Binion became the president of the Horseshoe Casino in Las Vegas in the year 1963. Seven years later, he was able to chair the first World Series of Poker that has since grown to become the largest poker event ever.
Caesars Entertainment, Inc. is a name that is associated with luxury, gaming and entertainment. Created in 2020 through the merger of Caesars Entertainment and Eldorado Resorts, it has grown to be the biggest gaming company in the United States. This merger brought together two major players in the industry who both have a long-standing history with the goal of establishing the perfect gaming and hospitality environment.
A History of Innovation: Harrah’s Bingo Club to Global Empire
The journey of Caesars Entertainment was started in 1937 when Bill Harrah opened the Harrah’s Bingo Club in the city of Reno in Nevada. Starting from a single small building, Harrah’s developed into the largest gaming company with more than fifty buildings in different countries. This was the business’s philosophy of focusing on the customer, which allowed Harrah’s to be the first casino company to be listed on the New York Stock Exchange in 1973.
The Flamingo: The place where the Las Vegas Strip originated
One of the most famous landmarks in Caesars’ history was achieved when the Flamingo Hotel & Casino was opened in 1947, being the very first casino in Las Vegas Strip. The Flamingo defined the concept of modern luxury casino and entertainment resort and put Las Vegas on the map as the world’s gaming destination.
Horseshoe Casino: New Paradigm of Casino Hotel
The Horseshoe Casino was established in 1951 and it was the casino that introduced new methods of gambling. He brought changes that were friendly to the players like high betting limits, no discrimination of the players, and individual bonuses. Another achievement of Benny Binion was the founding of the World Series of Poker by his son Jack Binion in 1970, which is now the biggest and the most popular poker competition in the world.
The Merger: Building the Biggest Gaming Firm in the U. S.
In 2020, the acquisition of Caesars Entertainment by Eldorado Resorts saw the formation of the biggest gaming company in the U. S. Eldorado Resorts which was established by Donald Carano had always focused on customer relations, operations and family oriented values. Altogether, the new Caesars Entertainment has a long history of gaming advancement and a vision of delivering unique experiences to the guests.
Caesars Entertainment Today
Caesars Entertainment has properties in locations across the U. S. and around the globe and is more than just a casino. Their casinos, resorts and hotels offer comfortable and elegant rooms, gourmet dining, fabulous entertainment and exceptional service. Caesars has also grown to become a giant in sports betting and online gaming, and is still encroaching further into the gaming industry.
A Legacy Created by Vision and Family Principles
Caesars Entertainment is a success story based on the founders’ initial ideas and the company’s policy of regarding the guests as family members. From Bill Harrah’s guest satisfaction to Benny Binion’s changes in the casino hospitality, Caesars has always aimed at innovation while keeping the customer experience as the company’s central point.
Conclusion: Become a Part of the Caesars Legacy
Caesars Entertainment is not just a gaming company, it is a brand that has been established on a foundation of innovation, luxury and world class service. Whether you are interested in gambling, looking for a vacation at a resort or simply want to have a good time, Caesars has it all.
