Harrah's: The House Wins

Expanding beyond the traditional gambling centers of Las Vegas, Reno, and Atlantic City is paying off for this aggressive casino operator

Harrah's Entertainment (HET ) has rolled the dice on expansion and acquisition over the past few years -- and the bet is starting to pay off. That kind of aggressiveness has industry watchers thinking investors could hit the jackpot with the company's stock, which is up some 40% so far in 2001. On June 15, it closed at $37.82, just off its 52-week high of $38.29.

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