Park Place Promotes Senior Executives to Vice President Positions

23 May 2003

"Bernie DeLury and Steve Bell are two of the most accomplished executives with whom I've ever had the pleasure to work," said Park Place President and Chief Executive Officer Wallace R. Barr. "In their tenure at Park Place, both have demonstrated an unusual gift -- strong strategic vision coupled with the ability to keep things moving and get things done. I'm pleased to welcome them to their new positions."

The promotions were approved Wednesday by the Park Place Board of Directors at a meeting in Atlantic City, New Jersey.

With more than a dozen years of experience in the gaming industry, DeLury has played a major role in the development of Park Place since the company was created in December 1998. Before he became the company's top lawyer earlier this year, DeLury served as vice president and deputy general counsel, responsible for Park Place's regulatory compliance and legal operations.

Bell joined the company in 2001 to oversee the management of the company's 54,000 employees at 27 casino resorts around the world. His Human Resources responsibilities include recruitment, training, development, diversity, benefits and compensation. In addition, he leads the company's community relations activities, corporate philanthropy initiatives and company-wide procurement and purchasing organization. Bernard F. DeLury, Jr.

A New Jersey native, DeLury previously served as general counsel for Park Place casino resorts in New Jersey, Mississippi, Indiana, Louisiana and the Canadian Provinces of Ontario and Nova Scotia. He also served as counsel to several committees of the company's Board of Directors. DeLury joined the legal department of Bally's, Park Place's predecessor company, in 1990, following four years of service as an officer in the United States Navy. He remains active in the U.S. Naval Reserve, currently holding the rank of Commander.

DeLury is a member of the Board of Directors of the Atlantic City Convention Center and Visitors Authority and an officer of the International Association of Gaming Attorneys. He also is a member of the U.S. Naval Institute and the Brigantine, New Jersey Board of Education.

DeLury is associated with the New Jersey State and Atlantic County Bar Associations, and is admitted to practice before the United States Supreme Court, the United States Court of Appeals for the Armed Forces and the United States Court of Appeals for the Third District. He is a past chairman of the New Jersey State Bar Association's Casino Law Section.

DeLury earned a Bachelor of Arts degree, magna cum laude, in 1982 from St. Charles Borromeo Seminary in Philadelphia, followed by a Juris Doctor from Rutgers University School of Law -- Camden in 1986. He lives in Brigantine, New Jersey, with his wife and three children and regularly commutes to Las Vegas. Steven F. Bell

In addition to his responsibilities at Park Place, Bell serves as a member of the Board of Trustees of the Hotel Employees & Restaurant Employees International Union Welfare-Pension Fund. He also is a member of the Wharton Executive Education Advisory Board for the Wharton School of Business at the University of Pennsylvania.

Before joining Park Place, Bell was senior vice president for human resources for Teligent, Inc., a pioneering telecommunications start-up headquartered in Northern Virginia. At Teligent, Bell was a key member of the leadership team that launched and developed the company, supervising a human resources organization responsible for recruiting 3,000 employees over a period of months.

Earlier, Bell served as vice president for human resources and organizational development for Comsat Corporation in Bethesda, Maryland. The company provides satellite communication services for domestic and international customers. At the time, Comsat owned the Denver Nuggets, the Colorado Avalanche and Beacon Communications, a feature film production company.

Before joining Comsat, Bell was vice president for human resources for American Express Corporation's technology division, a worldwide organization that provides American Express travel related services and data processing and information management support. Previously, he held senior human resources positions with Sprint International and Martin Marietta Data Systems.

A native of Wareham, Mass., Bell earned a Bachelor of Science degree at the University of Connecticut, and served as assistant varsity basketball coach for his alma mater from 1972 to 1976. Bell and his wife Donna live in Las Vegas. About Park Place

Park Place Entertainment is one of the world's leading gaming companies. Park Place owns, manages or has an interest in 27 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 54,000 employees worldwide.