Ownership Submission
FORM 3
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
  COSLET JONATHAN J
2. Date of Event Requiring Statement (Month/Day/Year)
01/28/2008
3. Issuer Name and Ticker or Trading Symbol
HARRAHS ENTERTAINMENT INC [N/A]
(Last)
(First)
(Middle)
C/O TPG CAPITAL, L.P., 345 CALIFORNIA STREET, SUITE 3300
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

SAN FRANCISCO, CA 94104
6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Voting Common Stock, par value $0.01 per share 10
I
See Footnotes (1) (2)

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(Month/Day/Year)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
COSLET JONATHAN J
C/O TPG CAPITAL, L.P.
345 CALIFORNIA STREET, SUITE 3300
SAN FRANCISCO, CA 94104
  X      

Signatures

/s/Clive D. Bode on behalf of Jonathan Coslet (3) 02/07/2008
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) Jonathan Coslet is currently a member of Hamlet Holdings LLC, which directly holds the Voting Common Stock of Harrah's Entertainment, Inc. (the "Corporation").
(2) Pursuant to Rule 16a-1(a)(2)(ii)(B) of the Securities Exchange Act of 1934, as amended (the "Act"), Jonathan Coslet may be deemed to be the beneficial owner of the Voting Common Stock of the Corporation beneficially owned by Hamlet Holdings LLC only to the extent of the greater of his direct or indirect interest in the profits or capital account of Hamlet Holdings LLC. Pursuant to Rule 16a-1(a)(4) under the Act, this filing shall not be deemed an admission that Jonathan Coslet is, for purposes of Section 16 of the Act or otherwise, the beneficial owner of any Voting Common Stock owned by Hamlet Holdings LLC in excess of such amount.
 
Remarks:
(3) Clive D. Bode is signing on behalf of Mr. Coslet pursuant to an authorization and designation letter dated February 7,
 2008, which is attached here as an exhibit.

Jonathan Coslet is currently a Senior Partner of TPG Capital, L.P.  TPG Capital, L.P. is affiliated with Co-Invest Hamlet
 Holdings, Series LLC; Co-Invest Hamlet Holdings B, LLC; TPG Hamlet Holdings B, LLC; and TPG Hamlet Holdings, LLC
 (collectively, the "TPG Non-Voting Stockholders"), which are direct owners of 31,387,726 shares of Non-Voting Common Stock,
 par value $0.01 per share and 15,351,275 shares of Non-Voting Perpetual Preferred Stock, par value $0.01 per share, of
 Harrah's Entertainment, Inc. Jonathan Coslet disclaims beneficial ownership of all of the Non-Voting Common Stock and
 Non-Voting Perpetual Preferred Stock that is or may be beneficially owned by the TPG Non-Voting Stockholders or TPG Capital,
 L.P. and any of its affiliated funds. This report shall not be deemed an admission that Jonathan Coslet is the beneficial
 owner of or has any pecuniary interest
in such securities for purposes of Section 16 of the Act, or for any other purpose.

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