Harrah's Entertaiment has made it official: Don Marrandino will be leaving his post as president of five Harrah's hotels on the Strip and heading to an expanded role for the company in Atlantic City, where he will oversee about 30 percent of the company's holdings. In a statement issued today from company Chairman, CEO and President Gary Loveman, it was announced:
"After 38 years of great accomplishment, Eastern Division President Carlos Tolosa will retire from Harrah's Entertainment, concluding one of the longest and most distinguished careers in the gaming industry. His business acumen and tireless commitment to Harrah's have greatly contributed to our company's success.
"Today, we are taking steps to not just fill the void Carlos will leave, but to position our company for long-term success as the economy begins to improve.
"I am pleased to announce some significant changes that are designed to match our leadership talent with the evolving requirements of the business:
"Don Marrandino, who, upon receipt of all required regulatory approvals, will move from his current role as regional president of Harrah's Las Vegas, Flamingo, Imperial Palace, Bill's Gamblin' Hall and O'Sheas, and become president of the Eastern Division, with oversight of our four Atlantic City properties and Harrah's Chester. Don will take over this position from Carlos Tolosa.
"Rick Mazer, currently Indiana regional president and general manager of Horseshoe Hammond and Horseshoe Indiana, will succeed Don in Las Vegas as regional president of Harrah's Las Vegas, Flamingo, Imperial Palace, Bill's Gamblin' Hall and O'Sheas, upon receipt of all required regulatory approvals.
"Dan Nita, currently serving as Atlantic City regional president, will fill the role vacated by Rick and become senior vice president and general manager for Horseshoe Hammond, upon receipt of all required regulatory approvals."
Known for his knack of booking marketable entertainment, Marrandino's executive career in Las Vegas also has included stints with Station Casinos, Wynn Las Vegas and the Hard Rock Hotel.
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