SOURCE: Harrah's Entertainment

Harrah's Entertainment

Harrah's Entertainment

February 23, 2010 08:00 ET

Harrah's Entertainment and the Harrah's Foundation Donate $1 Million to the Clinton Foundation

President Clinton Thankful for Harrah's Entertainment Employees and the Company for Their Continued Commitment to Giving

LAS VEGAS, NV--(Marketwire - February 23, 2010) -  Harrah's Entertainment, Inc. and the company's philanthropic arm, the Harrah's Foundation, last evening announced a $1 million gift to the William J. Clinton Foundation. Supporting President Clinton's global vision, the Harrah's gift, in part, will be allocated to the Clinton Foundation's Haitian relief efforts.

"I'm thankful for the generous gift Harrah's and the Harrah's Foundation is making in support of my Foundation's work to fight climate change and expand economic opportunity worldwide, combat childhood obesity in the United States, and assist with relief and recovery efforts in the aftermath of the earthquake in Haiti," President Clinton said. "In addition to this gift, the commitment of Harrah's Entertainment employees who volunteer their time, money, and skills to strengthen their communities is especially important during this time of economic hardship, and I hope their example moves others to give what they can to improve the lives of others around the world."

"Current global economic conditions and recent natural disasters have created an unfortunate perfect storm of distress. The Harrah's and the Harrah's Foundation is committed to fundamentally changing the lives of people most in need," said Jan Jones, vice chairwoman of the Harrah's Foundation and senior vice president of communications and government relations. "Under the careful leadership of President Clinton, the Clinton Foundation will ensure our donation is used to create global positive impact."

President Clinton addressed Harrah's Entertainment Las Vegas employees in the Colosseum at Caesars Palace about the importance of individual and corporate philanthropy.

ABOUT THE CLINTON FOUNDATION
The William J. Clinton Foundation is a nonpartisan 501(c)(3) organization, founded by President Bill Clinton with the mission of strengthening the capacity of people throughout the world to address pressing global challenges. Working in collaboration with governments and other partners, the Foundation applies a unique problem-solving method to each of its seven initiatives, which work to combat the HIV/AIDS pandemic, fight climate change, and develop sustainable economic growth in Africa and Latin America. In the United States, the Foundation works to tackle the childhood obesity epidemic and helps to expand economic opportunity by increasing access to low-cost financial services and empowering entrepreneurs. Through these efforts, the Foundation has helped 2 million people living with HIV/AIDS access lifesaving treatment, 40 cities fight global climate change, and more than 7,500 schools promote healthier educational environments. Learn more at www.clintonfoundation.org.

ABOUT THE HARRAH'S FOUNDATION
The Harrah's Foundation is a private, 501(c)(3) foundation established to provide financial support to qualified organizations in communities where Harrah's employees live and work. Established in 2002, the Harrah's Foundation is funded by Harrah's Entertainment, Inc., portfolio of properties and supports social reinvestment programs by funding eligible 501(c)(3) organizations dedicated to seniors, education and civic programs. Since its formation, the Harrah's Foundation has committed $40 million to nonprofit organizations throughout the United States. More information is available at http://www.harrahsfoundation.com.

ABOUT HARRAH'S ENTERTAINMENT
Harrah's Entertainment, Inc. is the world's largest provider of branded casino entertainment. Since its beginning in Reno, Nevada, more than 70 years ago, Harrah's has grown through development of new properties, expansions and acquisitions, and now owns or manages casinos on four continents. The Company's properties operate primarily under the Harrah's®, Caesars® and Horseshoe® brand names; Harrah's also owns the London Clubs International family of casinos and the World Series of Poker®. Harrah's Entertainment is focused on building loyalty and value with its customers through a unique combination of great service, excellent products, unsurpassed distribution, operational excellence and technology leadership. Harrah's is committed to environmental sustainability and energy conservation and recognizes the importance of being a responsible steward of the environment. For more information, please visit http://www.harrahs.com.

Contact Information

  • Contact:
    Jacqueline Peterson
    Harrah's Entertainment, Inc.
    (702) 494-4829