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Caesars CEO Receives a Raise

Caesars Entertainment Inc., the largest U.S. casino company, increased Chief Executive Wallace Barr's salary and bonus by 36 percent last year after the company posted a profit in 2003.

Barr, 58, received salary and other compensation of $1.05 million and a bonus of $1.23 million, the Las Vegas-based company said in a Securities and Exchange Commission filing Tuesday. He also received options to buy stock that may be worth as much as $18.1 million.

Copyright © Las Vegas Sun. Inc. Republished with permission.

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