Park Place Entertainment sets stage for on-line leadership

Jan 22, 2002 5:55 AM

Frank Han, eToys co-founder and developer, has joined Park Place Entertainment Corp. (PPE) as senior vice president for electronic commerce, a newly-created position.

Han, who will report to Peter George, the senior vice president and managing director of Park Place’s international group. George, former CEO of English bookmaking firm Ladbroke, joined PPE late last year.

“Our goal,” explained Tom Gallagher, president and CEO of Park Place Entertainment, “is to become an on-line leader in the resort, gaming and entertainment industry. That means breaking the mold in marketing our existing resort, entertainment, travel and leisure products to drive new revenue streams and create more choice and convenience for our customers and guests. It also means creating new on-line products that ultimately may include gaming-related offerings where they are legal and appropriate.”

Earlier last week, Kim Sinatra, deputy general counsel of Park Place Entertainment Corp. (PPE), received unanimous approval for a gaming license by the New Jersey Casino Control Commission.

Her application had been delayed in November because commissioners felt they lacked sufficient information regarding matters affecting Sinatra’s personal activities. In December, Tom Gallagher sent a letter to the board explaining that if Ms. Sinatra’s application received approval, she would succeed Clive Cummis as executive vice president and general counsel of PPE.

Cummis, whose contract expires at the end of this year, is expected to retire soon.

At last week’s hearing, the commission voted 5-0 for approval after receiving the necessary background information from the Division of Gaming Enforcement.

Gary R. Fish has been appointed chief financial officer of Concorde Gaming Corporation (CGAM). The company owns and operates two gaming properties, one is the Golden Gates Casino in Black Hawk, Colo., and the other a day-cruise gaming property, the Casino Princess, berthed in Miami, Fla.

Bill Hickey, former executive director of special revenue for the State of Connecticut and later head of regulatory matters for the Foxwoods Resort Casino, died Jan. 17 in Manchester, Conn. He was 81.