Players International Announcement

Company Press Release

ATLANTIC CITY, N.J.--(BUSINESS WIRE)--Jan. 14, 2000--Players International, Inc., (Nasdaq:PLAY) announced today that it has learned that neither the Louisiana Gaming Control Board nor the Illinois Gaming Control Board will consider the acquisition of Player's by Harrah's Entertainment, Inc., (NYSE:HET) at its January meeting. The next regularly scheduled meeting is February 15 for the Louisiana Gaming Control Board and February 22 for the Illinois Gaming Control Board.

Although the parties had previously expected the merger to close by January 31, 2000, Players and Harrah's continue to work toward a closing following receipt of regulatory approvals.

Players International Inc., is a multi-jurisdictional casino and entertainment gaming company that owns and operates riverboat casino facilities on the Ohio River in Metropolis, Illinois; in Lake Charles, Louisiana; and in Maryland Heights, Missouri; a suburb of St. Louis.

This news release contains forward-looking statements made pursuant to the safe harbor provisions of Section 27A of the Securities Act of 1933 and Section 21E of the Securities and Exchange Act of 1934. These forward-looking statements are subject to uncertainties which could cause actual events to differ from those in the statements, including adverse business, regulatory or competitive developments.


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Contact:

Players International
Ray Spera, Chief Financial Officer
609/449-7727
or
BSMG Worldwide
Peter Duda, 212/445-8222