Gaming Summit to honor Phil Satre

Jan 7, 2003 5:33 AM

Phil Satre, a 22-year veteran of Harrah’s Entertainment, Inc., will be honored at the 2003 American Gaming Summit Lifetime Achievement Award Dinner on Thursday at the Rio All-Suite Hotel Casino in Las Vegas.

The American Gaming Summit is presented by Casino Journal and GEM Communications, Lionel Sawyer & Collins, and exclusive investment banking sponsor Deutsche Bank.

Harrah’s Entertainment, Inc. has been under the expert direction of Satre as chief executive officer since 1984. His tenure as CEO ends this month, but he will remain as the company’s chairman. He will become chairman of the American Gaming Association in January.

"Phil Satre’s record of tenure at the helm of one of America’s most successful and respected companies has been marked by a consistency of peak performance in the face of every challenge," said Bob Faiss, a member of the firm of Lionel Sawyer & Collins, a co-presenter of the Summit.

Satre joined the company in 1980 as vice president, general counsel and secretary of Harrah’s, which consisted of just two Nevada casinos and one under development in Atlantic City.

Within four years, Satre was named president and chief executive officer of Harrah’s and was installed to the company’s board of directors within the following four years, and promoted to chairman of Harrah’s Entertainment, Inc. in 1997.

Lifetime Achievement Award Dinner-only tickets are $100 each, and can be obtained by registering online at www.; or by phone at 256-852-5738.

The American Gaming Summit runs Jan. 9-10, and it is preceded on Jan. 8 by Slot Manager Institute in Association with GSA and AGEM.