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Harrah's Adds $50,000 Buy-In 'HORSE' Event to 2006 World Series

of Poker(R) Schedule

LAS VEGAS, Jan. 12 /PRNewswire-FirstCall/ -- A new, $50,000 buy-in HORSE contest has been added to the tournament schedule for the 2006 World Series of Poker at the Rio(R) All-Suites Hotel & Casino.

(Logo: http://www.newscom.com/cgi-bin/prnh/20021220/LAF055LOGO)

The addition of the high buy-in contest -- a combination of no-limit hold'em, Omaha, razz, stud and stud eight or better -- marks the first time the World Series of Poker will offer an event with a buy-in of more than $10,000.

"We've heard from a number of players that a high buy-in event will enhance the World Series of Poker," said Jeffrey Pollack, commissioner of the World Series of Poker and vice president of sports and entertainment marketing for Harrah's Operating Company, Inc., a subsidiary of Harrah's Entertainment, Inc. (NYSE: HET). "We agree, and this schedule addition is an example of how we are innovating to build on the tradition and heritage of the tournament. This summer, one player will make poker history and win the first-ever World Series of Poker bracelet for a $50,000 event."

The 2006 World Series of Poker will consist of 45 individual poker tournaments between June 25 and August 10 at the Rio All-Suites Hotel & Casino in Las Vegas. Buy-ins for the individual events will range from $500 to $50,000, with the cost of entering the Main Event -- the no-limit hold'em world championship -- remaining at $10,000.

In another customer-service enhancement, World Series of Poker officials will allow players entering the Main Event to choose their start dates, as long as seats are available on the selected dates. The Main Event will seat up to 2,000 entrants each day from July 28-31 to accommodate what is expected to be another record field. In 2005, 5,619 entrants to the Main Event played their first rounds over a three-day period.

The final schedule for the 2006 World Series of Poker follows. Additional information is available at http://www.worldseriesofpoker.com.


    Date              Day      Time   Event#       Event Name           Buy-In
    June 25, 2006   Sunday    12 noon       Satellites and Live Action
                                            Begin
    June 26, 2006   Monday    12 noon   1   Casino Employee No-Limit    500.00
                                            Event (2 day event)
    June 27, 2006   Tuesday   12 noon   2   No-Limit Hold'em          1,500.00
                                            (3 day event)
    June 28, 2006   Wednesday 12 noon   3   Pot Limit Hold'em         1,500.00
                                            (3 day event)
    June 29, 2006   Thursday  12 noon   4   Limit Hold'em             1,500.00
                                            (3 day event)
    June 30, 2006   Friday    12 noon   5   No-Limit Hold'em-Short    2,500.00
                                            Handed 6/Table(3 day event)
    July 1, 2006    Saturday  12 noon   6   No-Limit Hold'em          2,000.00
                                            (3 day event)
    July 2, 2006    Sunday    12 noon   7   Limit Hold'em             3,000.00
                                            (3 day event)
    July 3, 2006    Monday    12 noon   8   Omaha Hi-Low Split        2,000.00
                                            (3 day event)
    July 4, 2006    Tuesday   12 noon   9   No-Limit Hold'em          5,000.00
                                            (3 day event)
    July 5, 2006    Wednesday 12 noon  10   Seven Card Stud           1,500.00
                                            (3 day event)
    July 6, 2006    Thursday  12 noon  11   Limit Hold'em             1,500.00
                                            (3 day event)
    July 6, 2006    Thursday  2 PM     12   Omaha Hi-Low Split        5,000.00
                                            (2 day event)
    July 7, 2006    Friday    12 noon  13   No-Limit Hold'em          2,500.00
                                            (3 day event)
    July 8, 2006    Saturday  12 noon  14   No-Limit Hold'em          1,000.00
                                            w/Re-Buys (3 day event)
    July 9, 2006    Sunday    11 AM    15   Ladies Event No-Limit     1,000.00
                                            Hold'em (2 day event)
    July 9, 2006    Sunday    12 noon  16   Pot Limit Omaha          10,000.00
                                            (2 day event)
    July 10, 2006   Monday    12 noon  17   No-Limit Hold'em          1,000.00
                                            (3 day event)
    July 11, 2006   Tuesday   12 noon  18   Pot Limit Hold'em         2,000.00
                                            (2 day event)
    July 12, 2006   Wednesday 11 AM    19   Seniors No-Limit Hold'em  1,000.00
                                            (2 day event)
    July 12, 2006   Wednesday 12 noon  20   No-Limit 2-7 Draw Lowball 5,000.00
                                            w/Re-Buys (2 day event)
    July 13, 2006   Thursday  12 noon  21   No-Limit Hold'em-Short    2,500.00
                                            Handed 6/Table (3 day event)
    July 14, 2006   Friday    12 noon  22   No-Limit Hold'em          2,000.00
                                            (3 day event)
    July 15, 2006   Saturday  12 noon  23   Limit Hold'em             3,000.00
                                            (3 day event)
    July 15, 2006   Saturday  2 PM     24   Omaha Hi-Low Split        3,000.00
                                            (3 day event)
    July 16, 2006   Sunday    12 noon  25   No-Limit Hold'em Shootout 2,000.00
                                            (3 day event)
    July 17, 2006   Monday    12 noon  26   Pot Limit Omaha           1,500.00
                                            (2 day event)
    July 18, 2006   Tuesday   12 noon  27   No-Limit Hold'em          1,500.00
                                            (3 day event)
    July 19, 2006   Wednesday 12 noon  28   Seven Card Stud           5,000.00
                                            (2 day event)
    July 19, 2006   Wednesday 2 PM     29   Pot Limit Hold'em         2,500.00
                                            (2 day event)
    July 20, 2006   Thursday  12 noon  30   No-Limit Hold'em-Short    5,000.00
                                            Handed 6/table (3 day event)
    July 21, 2006   Friday    12 noon  31   No-Limit Hold'em          2,000.00
                                            (3 day event)
    July 22, 2006   Saturday  12 noon  32   Pot Limit Hold'em         5,000.00
                                            (3 day event)
    July 22, 2006   Saturday  2 PM     33   Seven Card Razz           1,500.00
                                            (2 day event)
    July 23, 2006   Sunday    12 noon  34   No-Limit Hold'em          1,000.00
                                            w/Re-Buys (3 day event)
    July 24, 2006   Monday    12 noon  35   Seven Card Hi-Low Split   1,000.00
                                            (2 day event)
    July 24, 2006   Monday    2 PM     36   Limit Hold'em Shootout    1,500.00
                                            (3 day event)
    July 25, 2006   Tuesday   12 noon  37   No-Limit Hold'em          1,500.00
                                            (3 day event)
    July 25, 2006   Tuesday   4PM      38   H.O.R.S.E.               50,000.00
                                            (3 day event)
    July 26, 2006   Wednesday               Satellite Day
    July 27, 2006   Thursday                Media/Celebrity Event and
                                            Satellite Day
    July 28, 2006   Friday             39   No-Limit Texas Hold'em   10,000.00
                                            World Championship Event
    July 28, 2006   Friday    12 noon       Day 1 A 2000 play down to 800
    July 29, 2006   Saturday  12 noon       Day 1B 2000 play down to 800
    July 30, 2006   Sunday    12 noon       Day 1C 2000 play down to 800
    July 31, 2006   Monday    12 noon       Day 1D 2000 play down to 800
    August 1, 2006  Tuesday   12 noon       A + B 1600 to 700
    August 2, 2006  Wednesday 12 noon       C + D 1600 to 700
    August 3, 2006  Thursday                Day off for main event
    August 3, 2006  Thursday  11 AM    40   No-Limit Hold'em          1,000.00
                                            (2 day event)
    August 4, 2006  Friday    12 noon       ABCD Play 1400 down to 600
    August 5, 2006  Saturday  12 noon       Play 600 down to 300
    August 5, 2006  Saturday  11 AM    41   No-Limit Hold'em          1,500.00
                                            (2 day event)
    August 6, 2006  Sunday    12 noon       Play 300 down to 150
    August 6, 2006  Sunday    11 AM    42   No-Limit Hold'em          1,500.00
                                            (2 day event)
    August 7, 2006  Monday    12 noon       Play 150 down to 60
    August 7, 2006  Monday    11 AM    43   No-Limit Hold'em          1,500.00
                                            (2 day event)
    August 8, 2006  Tuesday   12 noon       Play 60 down to 27
    August 8, 2006  Tuesday   11 AM    44   No-Limit Hold'em          1,500.00
                                            (2 day event)
    August 9, 2006  Wednesday 12 noon       Play 27 down to 9
    August 9, 2006  Wednesday 10 AM    45   No-Limit Hold'em          1,500.00
                                            (1 day event)
    August 10, 2006 Thursday  12 noon       Final Table

For the No-Limit Texas Hold'em World Championship Event #39, you may request your first day of play.

Based on availability, you will be placed by your preferences during the Registration or Pre-Registration process.

General Information

Lifestyle Show begins on July 27th and concludes on July 31st. This is a Poker type convention open to the public. For vendor information please call 702-777-2310.

Single Table Satellites, Super Satellites and Live Action begin on June 25, 2006.


    Super Satellite Schedule:
    $230 Super Satellites will take place daily at 3 PM.
    $1060 Mega Super Satellites will take place nightly at 7 PM.
    Super Satellite Days on July 26th and July 27th:
    $230 Buy-In Super Satellite will take place at 10:00 AM and 4:00 PM.
    $1060 Buy-In Mega Super Satellite will take place at 1:00 PM and 8:00 PM.
    Second Chance Tournament:
    $540 Buy-In No-Limit Hold'em tournaments will take place daily at 5:00 PM.
    $225 Buy-In No-Limit Hold'em tournaments will take place nightly at 11:00
    PM.
    For Tournament info:   Visit our web site at
                           http://www.worldseriesofpoker.com
                           or call us at 1-877-FOR-WSOP (1-877-367-9767)
    For Room Reservation info: 877-746-8342
    The following percentages will be withheld from the Buy-In for each event:
    Buy-In          Take-Out
     $500.00             10%
     $ 1,000.00           9%
     $ 1,500.00           9%
     $ 2,000.00           9%
     $ 2,500.00           8%
     $ 3,000.00           8%
     $ 5,000.00           6%
     $10,000.00           6%

All winners will be required to show a valid picture ID and must provide an Individual Tax Identification Number.

Foreign players without an ITIN or Foreign Players from a Non-Treaty Country, are subject to 30% Tax Withholding.

Harrah's reserves the right to cancel, change or modify the tournament or any tournament event, in part or in whole, without notice.

Harrah's Entertainment, Inc. is the world's largest provider of branded casino entertainment through operating subsidiaries. Since its beginning in Reno, Nevada 68 years ago, Harrah's has grown through development of new properties, expansions and acquisitions. 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.

SOURCE Harrah's Entertainment, Inc.

CONTACT: Dan Foley - Investors, +1-702-407-6370 or Alberto Lopez - Media (General), +1- 702-407-6344, both of Harrah's Entertainment, Inc.; Dave Curley - Media (WSOP), TBC Public Relations, +1-410-986-1305; Gary Thompson - Media (WSOP), Harrah's Operating Company, +1-702-407-6530 -0- Jan/12/2006 23:27 GMT

Last Updated: January 12, 2006 18:27 EST

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