It was only three years ago that two big private equity firms bought Harrah's
for $27 billion and a lot of debt. In recent weeks, there have been moves to put some of the company's shares back in play. John Paulson wants his 9.5% stake in the company to be traded and now Harrahs is raising another $500 million to begin developing its string of properties along the east side of the Las Vegas Strip.
, Gaming Reporter, LVRJ