Park Place Names Lorenzo Creighton President of Flamingo Las Vegas
Updated: Tuesday, May 28, 2002 09:03 AM ET

LAS VEGAS--(BUSINESS WIRE)--May 28, 2002--Park Place Entertainment Corporation (NYSE: PPE, news, msgs), the world's largest gaming company, today named former judge, gaming administrator and casino executive Lorenzo Creighton as the new president of the Flamingo Las Vegas.

Creighton, 49, formerly served as Park Place's corporate vice president for government and community affairs.

"Lorenzo's extraordinary background as a judge and regulator, coupled with his extensive experience as a casino executive in Louisiana, Missouri and Mississippi, will make him an exceptionally strong leader of the Flamingo as we raise the profile of that historic property," said Park Place Chief Operating Officer Wallace R. Barr. "We have some very exciting plans for the Flamingo, and we're pleased that Lorenzo will be directing those efforts."

Creighton said he welcomes the opportunity to move into the top management role at one of the Las Vegas Strip's most famous resorts. "The Flamingo has a unique history in Las Vegas. We plan to reinforce everything that's already exciting about this incomparable brand, and to add some interesting new touches that will attract an even broader audience of guests and players," Creighton added.

Before joining the Park Place corporate group last year, Creighton served for six years as the executive in charge of operations at Bally's Casino in New Orleans, a role that he has maintained since coming to Las Vegas. Creighton will continue to have responsibility for the New Orleans property going forward. Prior to taking over the Bally's New Orleans property, Creighton was general manager of Lady Luck Casino, in Natchez, Miss. (1994-1995) and general manager of President Casino, in St. Louis, Mo. (1993-1994).

Before beginning his gaming operations career in Missouri, Creighton was executive director of the Mississippi Gaming Commission (1992-1993) and deputy administrator for the Iowa Racing & Gaming Commission, headquartered in Des Moines (1989-1992). His career also includes service as a magistrate for the First Judicial District of Iowa (1982-1985).

Born in Waterloo, Iowa, Creighton received a Bachelor of Arts degree from Luther College in Decorah, Iowa. In May 1988, he received his juris doctorate from Drake University in Des Moines.

Park Place Entertainment is the world's largest gaming company. Park Place owns, manages or has an interest in 28 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 55,000 employees worldwide.

Additional information on Park Place Entertainment can be accessed through the company's 24-hour investor relations service. Individuals may call toll-free 877-PPE-NYSE (877-773-6973) or visit www.parkplace.com to obtain the latest company news and stock price information, or to request information by email, fax or postal mail delivery.

NOTE: This press release contains "forward-looking