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Son of Horseshoe Employee Receives Financial Assistance for College from the Phil and Jennifer Satre Harrah’s Employee Scholarship Fund

TUNICA, MS – May 9, 2006 – This fall, Dillon Bryan will begin college courses at The University of Mississippi thanks in part to a scholarship from the Phil and Jennifer Satre Harrah’s Employee Scholarship Fund.

Dillon is one of seven college-bound high school seniors from across the country selected from a pool of nearly 160 applicants to receive a scholarship from the Satre Scholarship Fund. Each recipient has a parent who has worked for a Harrah’s Entertainment property or subsidiary for at least three years. Dillon’s mother, Lisa Bryan, is a Beverage Server at Horseshoe Casino & Hotel Tunica.

“I am so proud of Dillon for setting such high goals and accomplishing so much at his young age,” said Lisa Bryan. “I hope that he will always strive to challenge himself, because with his knowledge and personality, he can accomplish anything.”

Established in 2003 by Phil Satre, former chairman and chief executive officer of Harrah’s Entertainment, and his wife, Jennifer, the Harrah’s Employee Scholarship Fund provides financial assistance to college-bound children of Harrah’s employees. Requirements for the scholarship include financial need, high school academic performance, SAT or ACT scores, community and school activities, and essay content and quality. The fund awards $1,000 to $5,000 annual scholarships that can be renewed for up to four years. Since its inception, the fund has provided more than $250,000 in scholarships.

“All of us at Horseshoe are extremely proud of Dillon and wish him continued academic success at The University of Mississippi,” said Bill Wright, Senior Vice President and General Manager. “This company recognizes the importance of a college education, and we are thrilled that the Satres offer this valuable benefit to our dedicated employees and their children.”

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.

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