| | Business Summary | | Park
Place
Entertainment
Corporation
is
an
international
gaming
company
that
was
formed
when
Hilton
Hotels
Corporation
split
its
lodging
and
gaming
operations
into
two
separate
companies
on
December
31,
1998.
The
Company
had
approximately
two
million
square
feet
of
gaming
space,
28,000
rooms
and
revenues
of
$4.9
billion
in
2000.
Park
Place
has
casinos
in
Nevada,
New
Jersey
and
Mississippi
in
the
United
States,
as
well
as
Australia,
Uruguay,
Canada,
South
Africa
and
at
sea.
The
Company's
gaming
operations
are
conducted
under
the
Caesars,
Bally's,
Paris,
Flamingo,
Grand,
Hilton
and
Conrad
brand
names. | | More
from
Market Guide: Expanded
Business Description |
| | Financial Summary | | Park
Place
Entertainment
is
an
international
gaming
company
which
owns,
operates
or
manages
28
casino
properties
in
the
United
States,
Australia,
Uruguay,
Canada,
South
Africa
and
at
sea.
For
the
six
months
ended
6/30/01,
total
revenues
fell
1%
to
$2.4
billion.
Net
income
rose
12%
to
$93
million.
Results
reflect
lower
revenues
from
the
Las
Vegas
Hilton
due
to
the
repositioning
of
the
property
as
a
convention
hotel,
offset
by
the
absence
of
impairments. | | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Stephen Bollenbach, 58
Chairman | -- | Thomas Gallagher, 56
Pres,
CEO, Director | $336K | Clive Cummis, 72
Vice
Chairman, Exec. VP, Gen. Counsel, Sec. | 1.4M | Scott LaPorta, 38
CFO,
Exec. VP, Treasurer | 915K | Wallace Barr, 55
Exec.
VP, COO | 1.6M | | Dollar amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors:
Expanded
List, Bios,
Compensation,
Options
|
|
![[one-year price graph]](http://chart.yahoo.com/c/0b/p/ppe.gif)