HARRAHS ENTERTAINMENT INC
EX-10.92
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<DESCRIPTION>EX-10.92
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<p align="right" style="margin:0pt 0pt 12.0pt;text-align:right;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Exhibit
10.92</font></b></p>

<p align="center" style="margin:0pt 0pt 12.0pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">NINTH
AMENDMENT<br>
TO THE<br>
CAESARS ENTERTAINMENT<br>
401(k) SAVINGS PLAN</font></b></p>

<p style="margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">WHEREAS, the
Caesars Entertainment 401(k) Savings Plan (the &#147;Plan&#148;) is maintained by Harrah&#146;s
Operating Company, Inc. (the &#147;Company&#148;); and</font></p>

<p style="margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">WHEREAS, pursuant
to Section 13.1 of the Plan, as revised by the Sixth Amendment, the Human
Resources Committee of the Board of Directors of Harrah&#146;s Entertainment, Inc.
(the &#147;Committee&#148;) may amend the Plan at any time; and</font></p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">WHEREAS, the
Company has determined that, although Caesars Entertainment Retail, Inc</font>. (formerly known as Park Place Entertainment
Retail, Inc.) is not a member of the Company&#146;s control group, due to the
increasing direction and control that Desert Palace, Inc. has over the
individuals employed by Caesars Entertainment Retail, Inc., Desert Palace, Inc. is now the
common law employer of Caesars Entertainment Retail, Inc. employees; and</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">WHEREAS,
previously, the Caesars Entertainment Retail, Inc</font>. employees were excluded from
participation in the Plan pursuant to Sections 1.19 and 1.20 of the Plan as
employees of a third party agency; and</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">WHEREAS, the
Committee desires to amend the Plan at this time to allow Caesars Entertainment
Retail, Inc</font>. employees
to participate in the Plan on a prospective basis, grant retroactive vesting credit
for such employees for their service with Caesars Entertainment Retail, Inc., and grant retroactive service
credit for such employees for purposes of the break in service rules under the
Plan;</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">WHEREAS, the
Company has determined that allowing Caesars Entertainment Retail, Inc</font>. employees to participate in the Plan
will not change the status of the Plan to a multiple employer plan since the
Caesars Entertainment Retail, Inc. employees
are common law employees of Desert Palace, Inc.;</p>

<p style="margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">NOW, THEREFORE,
the Plan is hereby amended, effective May 5, 2006, as follows:</font></p>

<p align="center" style="margin:0pt 0pt 12.0pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">1.</font></b></p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Amend Section 1.19
to add the following sentence to its end: &#147;Notwithstanding the foregoing,
effective May 5, 2006, employees of Caesars Entertainment Retail, Inc</font>. shall be considered Eligible Employees.&#148;</p>

<p align="center" style="margin:0pt 0pt 12.0pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">2.</font></b></p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Further, Caesars
Entertainment Retail, Inc</font>.
employees shall be given credit for their service with Caesars
Entertainment Retail, Inc. for
purposes of vesting in Plan benefits.</p>

<p align="center" style="margin:0pt 0pt 12.0pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">3.</font></b></p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Finally, Caesars
Entertainment Retail, Inc</font>.
employees shall be given credit for their service with Caesars
Entertainment Retail, Inc. for
purposes of the break in service rules under the Plan.</p>

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<p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">IN WITNESS
WHEREOF, the undersigned officer of Harrah&#146;s Entertainment, Inc. hereby adopts
this Ninth Amendment to the Plan on this 5th day of May, 2006.</font></p>

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  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Nizar Jabara</font></p>
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  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Vice-President Compensation, Benefits, and HRSS</font></p>
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