Harrah's Entertainment CFO Jonathan Halkyard recently spoke to a Bank of America conference - possibly to allay investor fears (or secure financing) - about the coming implosion/closure/reconstruction of many of Harrah's properties. He mentioned that Vegas and Atlantic City properties will be getting major makeovers as part of a "10 year plan" of Harrah's redevelopment.

Based on the bits and pieces we've gathered this is our mock up on how the Harrah's redevelopment project may go down:

The Imperial Palace will close in March 2007 and imploded 3-5 months later to make way for Phase 1 of "Harrah