August 31, 2005

Las Vegas-based Harrah's Entertainment Inc. announced Aug. 29 that it would buy the city's Imperial Palace Hotel & Casino for $370 million. The Imperial Palace will continue to operate the property until the deal closes, likely at the end of the year. According to Harrah's, "there are no immediate plans for substantial operational changes" to the 2,640-room hotel, which has a 52,000-square-foot casino.

Members of the Mohegan Tribe in Uncasville, Conn., voted for change on Sunday, Aug. 28, by ousting three incumbent candidates and electing six newcomers to the nine-seat Tribal Council, which serves as the board of directors for the Mohegan Tribal Gaming Authority. Some tribe members suggested to Connecticut newspapers that the vote reflects a desire to focus more on the tribe and less on external business ventures, such as the recent $500 million investment in the Pocono Downs racetrack in Wilkes-Barre, Pa. Bruce "Two Dogs" Bozsum, who received the most votes last weekend, told the Norwich Bulletin that despite the change in leadership, he does not expect great changes in the direction of the tribe or its business ventures. The new council terms begin in October.