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Caesars World was a casino operator. It began as Lum's Inc., owner of the Lum's chain of restaurants. It shifted into the gaming business with the purchase of Caesars Palace on the Las Vegas Strip in 1969, selling off the restaurants and changing its name. Caesars grew to eight casinos and resorts over the years, until going through a series of ownership changes beginning in 1995, and was ultimately absorbed by Park Place Entertainment in 1999. ==History== In 1956, brothers Stuart and Clifford Perlman bought a hot dog stand in Miami Beach named Lums. They expanded to more locations, and took the company public in 1961. In partnership with Ken Chivers, they began offering franchises in 1965, growing from 15 restaurants to 90 within a few months. In the late 1960s, Lum's went on a buying spree, acquiring a meat packer, a chain of army-navy stores, and the Cove Haven honeymoon resort in the Poconos. They capped it off with Caesars Palace, bought in 1969 for $58 million.〔 Shifting its focus to the Las Vegas property, the company in 1971 sold 350 restaurants, nearly the entire chain, to John Y. Brown, owner of Kentucky Fried Chicken, for $4 million, and changed its name to Caesars World. In 1971, the company made a foray into the technology sector, buying 21 percent of Centronics, a maker of printers and gaming control systems, from co-founder Samuel Lang for $1.7 million.〔 〕 Caesars sold part of its stake to Brother Industries in 1974 for $3 million,〔 〕 and then sold its remaining shares in a public offering for $3.5 million.〔 〕 In 1972, Caesars World bought the Thunderbird casino, up the Strip from Caesars Palace, from Del Webb Corporation for $13.6 million. A $150-million, 2,000-room resort called the Mark Anthony was planned for the site, but Caesars was unable to find financing, and sold the property four years later for $9 million to a group led by banker E. Parry Thomas.〔 〕 The company moved its headquarters from Miami in 1973 to be closer to Caesars Palace, but chose Century City in Los Angeles over Las Vegas, because of its proximity to financial centers. Caesars extended its presence in the Poconos, buying the Paradise Stream Resort in 1973, the Pocono Palace in 1976,〔 〕 and Brookdale-on-the-Lake in 1983, which it renamed as Caesars Brookdale. The firm returned to the computer industry in 1976, buying 80 percent of Ontel Corporation, a maker of computer terminals.〔 〕 Caesars had increased its stake to 100 percent by 1980, when it sold 9 percent of Ontel to AEG-Telefunken for $3.5 million.〔 〕 By 1983, the subsidiary was losing money, and Caesars sold it to Visual Technology for a $9.5 million convertible note.〔 〕 Caesars expanded to northern Nevada in 1979, taking over operations of the Park Tahoe casino in Stateline, on the south shore of Lake Tahoe, under a lease agreement with Park Cattle Corp. Caesars agreed to spend $40 million to complete construction of the hotel portion of the year-old property,〔 〕 which was renamed as Caesars Tahoe Palace,〔 〕 and later simply Caesars Tahoe. 抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』 ■ウィキペディアで「Caesars World」の詳細全文を読む スポンサード リンク
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