Company Press Release
March 13, 2000
ATLANTIC CITY, NJ--Players International, Inc. (Nasdaq: PLAY) Friday announced that Harrah's Entertainment, Inc.
(NYSE: HET) and Players have agreed that neither party will exercise its right to terminate the Agreement and Plan
of Merger, pursuant to which Players will be acquired by Harrah's, until March 21, 2000.
As previously disclosed, Players expects the merger to close promptly following receipt of regulatory approval
in Illinois. The next regularly scheduled meeting of the Illinois Gaming Board will be held on March 21, 2000.
Regulatory approval of the proposed transaction by the Missouri Gaming Commission was received on December 15,
1999. Regulatory approval of the proposed transaction by the Louisiana Gaming Control Board was received on February
15, 2000.
Players International, Inc. is a multi-jurisdictional casino and entertainment gaming company. The Company 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 press release contains forward-looking statements made pursuant to the safe harbor provisions of Section 27A
of the Securities Act of 1993 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements
are subject to the following risks and uncertainties which could cause actual events to differ from anticipated
events: changes in patronage levels; changes in gaming activity or wagering per passenger; and adverse regulatory
or competitive developments. Additional information concerning risk factors that could cause actual results to
differ materially from those projected in the forward-looking statements is contained in the Company's filings
with the Securities and Exchange Commission.
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Contact:
Investors
Players International, Atlantic City
Raymond A. Spera, Chief Financial Officer
609/449-7795
or
Media
BSMG Worldwide, New York
Peter K. Duda, 212/445-8222