Park Place Entertainment Corporation Announces Expansion Of Grand Casino Biloxi

Park Place Entertainment Corporation (NYSE:PPE) announced today the opening of its new two-level, 52,000-square-foot casino expansion at its Grand Casino Biloxi property. Located on the Mississippi Gulf Coast, the new casino facilities add an additional 25,000 square feet of gaming space, 480 new slot machines, 11 table games, a redesigned Roxy’s- the fifties-style diner, and a 280-seat seafood buffet restaurant.
“The opening of the expanded Mississippi Long Bar Casino, the relocation and reopening of Roxy’s and the introduction of our newest food venue, ‘The Seafood Buffet,’ are continuing examples of Grand Casinos’ and Park Place Entertainment`s commitment to the Mississippi market,” said Tom Brosig, president of Park Place Entertainment’s Mid-South region.


Including the new casino, Grand Casino Biloxi features approximately 135,000 square feet of gaming space, 3,000 slot machines, 125 tables games, 1,000 guest rooms, the Bellissimo Spa, Salon & Fitness Center and the Jack Nicklaus-designed Grand Bear Golf Course.


Grand Casino Biloxi is owned and operated by Park Place Entertainment, the world’s largest gaming company with a leading presence in Nevada, New Jersey and Mississippi—the three largest gaming markets in the United States.


Following the completion of the Caesars transaction, the Company will own or have an interest in 29 gaming properties, operating under the Bally’s, Caesars, Flamingo, Grand and Hilton brand names, with a total of 2 million square feet of gaming space and over 28,000 hotel rooms.


Additional information on Park Place Entertainment can be accessed through the Company’s 24-hour investor relations service. Individuals may call toll-free 877-PPE-NYSE (877-773-6973) or visit www.parkplace.com to obtain the latest Company news and stock price information, or to request information by email, fax or postal mail delivery.

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