Maybe this is the first step of bringing an NBA team to Vegas?
Harrah's exec buys into Celtics
Books take games off board
LAS VEGAS – Harrah's Entertainment Inc. chief executive Gary Loveman is buying a 2.4 percent stake in the Boston Celtics basketball team.
That's according to the Boston Globe.
Loveman lives outside of Boston and taught at Harvard University Business School for four years before joining Harrah's in 1998.
Harrah's spokeswoman Jacqueline Peterson said the team's games have been removed from the company's sports books, which Nevada gambling regulators require for casino licensees with stakes in pro sports teams.
Loveman's personal investment comes at the same time as Harrah's is in a partnership with AEG to build a $500 million arena a block off the Strip, possibly to house an NBA team.
Books take games off board
LAS VEGAS – Harrah's Entertainment Inc. chief executive Gary Loveman is buying a 2.4 percent stake in the Boston Celtics basketball team.
That's according to the Boston Globe.
Loveman lives outside of Boston and taught at Harvard University Business School for four years before joining Harrah's in 1998.
Harrah's spokeswoman Jacqueline Peterson said the team's games have been removed from the company's sports books, which Nevada gambling regulators require for casino licensees with stakes in pro sports teams.
Loveman's personal investment comes at the same time as Harrah's is in a partnership with AEG to build a $500 million arena a block off the Strip, possibly to house an NBA team.