Article: Harrah's Entertainment and AEG Agree to Develop World Class Sports & Entertainment Arena on the Las Vegas Strip.

New Privately-Financed Indoor Venue Will Be Largest Sports and Entertainment Arena in Las Vegas

LAS VEGAS, Aug. 22 /PRNewswire-FirstCall/ -- Harrah's Entertainment, Inc. and AEG today unveiled plans for of an approximately 20,000-seat, privately financed, state-of-the-art arena. This arena is envisioned to be Las Vegas' new home for the most popular and important sports and entertainment events. The site of the venue will be one block east of the world famous Las Vegas Strip on approximately 10 acres of land that is part of the current Harrah's land holdings.

To view the Multimedia News Release, go to: http://www.prnewswire.com/mnr/harrahs/29458/

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