MultiVu Video Feed: Harrah's Entertainment and Aeg to Develop

WORLD CLASS SPORTS AND ENTERTAINMENT ARENA ON THE LAS VEGAS STRIP New Privately-Financed Indoor Venue Will Be Largest Sports and Entertainment Arena In Las Vegas

On Wednesday August 22nd Harrah's Entertainment, Inc. and AEG unveiled plans for the creation of an approximately 20,000-seat, privately financed, state-of-the-art arena. The facility will be Las Vegas' new home for the most popular and important sports and entertainment events. The site of the venue was revealed to be one block east of the world famous Las Vegas Strip on approximately 10 acres of land that is part of the current Harrah's land holdings.

As managing partner, AEG will be responsible for developing, operating and programming a full range of live sports and entertainment events including concerts, boxing matches, special events and awards presentations as well as professional and collegiate sporting events, tournaments and exhibitions for the arena, which will be constructed and configured in a manner that will make it capable of housing an NBA or NHL franchise.

Projected to open in 2010, the venue will also feature private 'hospitality centers,' luxury suites, club seats and an array of amenities, gourmet food offerings and entertainment options to make every guest's experience memorable and world-class.

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NEWS: Harrah's Entertainment and AEG Agree to Develop Largest Sports and Entertainment Arena In Las Vegas

FORMAT: Soundbites and B-roll.

ADDITIONAL RESOURCES: Video, contact information and more available at: http://www.prnewswire.com/broadcast/29457/press.html

SOUNDBITES: * Gary Loveman, chairman, CEO and president of Harrah's Entertainment * Tim Leiweke, president and CEO, AEG * Rory Reid, Clark County commission chairman B-ROLL INCLUDES: * Ballys interiors and exteriors * Paris interiors and exteriors VIDEO PROVIDED BY: Harrah's Entertainment

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