Park Place to Host Third Quarter Call

Park Place Entertainment Corporation (NYSE:PPE) today announced that its third quarter conference call for investors will be held on Thursday, October 23, 2003 at 11:00 a.m. EDT (8:00 a.m. PDT), following release of the company`s third quarter financial results earlier that day.
The call can be accessed by dialing 1-877-226-4294 or for international participants, 1-706-643-0366. Those who wish to access the conference call on the Internet may do so through the Investor Relations section at the company`s web site,
A replay of the conference call will be available beginning October 23, 2003 at 2:00 p.m. EDT through October 30, 2003 at 11:59 p.m. EDT by dialing 1-800-642-1687 or, for international callers, 1-706-645-9291. The reservation number is 2908545.
About Park Place Entertainment - Park Place Entertainment Corporation (NYSE:PPE) is one of the world`s leading gaming companies. Park Place owns, manages or has an interest in 29 gaming properties operating under the Caesars, Bally`s, Flamingo, Grand Casinos, Hilton and Paris brand names with a total of approximately two million square feet of gaming space, 29,000 hotel rooms and 54,000 employees worldwide. The company plans to change its name to Caesars Entertainment, Inc. in January 2004, when it will begin trading under the new ticker symbol (NYSE:CZR).
Additional information on Park Place Entertainment can be accessed through the company`s web site at
This press release contains “forward-looking statements” within the meaning of the federal securities law, which are intended to qualify for the safe harbor from liability provided thereunder. All statements which are not historical statements of fact are “forward-looking statements” for purposes of these provisions and are subject to numerous risks and uncertainties that could cause actual results to differ materially from those expressed or implied in the forward-looking statements. Forward-looking statements include all financial projections, including projections of revenue, market share, earnings, EBITDA, free cash flow, statements of management`s plans, objectives or expectations of future economic performance, statements regarding new developments or opportunities, statements of belief, and/or statements regarding anticipated construction, development, or acquisition. Additional information concerning potential risk factors that could affect the company`s future performance are described from time to time in the company`s reports filed with the Securities and Exchange Commission, including the company`s Annual Report on Form 10-K for the year ended December 31, 2002 and Quarterly Reports on Form 10-Q for the quarters ended March 31, 2003 and June 30, 2003. The reports may be viewed free of charge at the following website: The company undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events, or otherwise.