[6] Hilton returned to gaming in 1970, buying a controlling interest in Kirk Kerkorian's International and Flamingo hotels in Las Vegas.

[8] With growth in the number of gaming jurisdictions stalled, Bollenbach aimed to expand through acquisitions, especially in Atlantic City, where Hilton had no presence.

Its midscale clientele, heavy on slots revenue, would provide balance to the volatility of Hilton's high-end baccarat players.

[14] Efforts were hampered by the need for a merger to provide a business purpose to qualify the spin-off for tax-free status.

[16] Grand's operations outside of Mississippi, including three Indian casinos it managed, were spun off as a separate company, Lakes Entertainment, before the merger.

A Caesars spokesperson stated that the sale would help the company focus on its major casinos on the Las Vegas Strip.

[22] The company sold Caesars Tahoe in June 2005 for $45 million to Columbia Sussex, owner of the nearby Horizon Casino.