Personal Foul Against Harrah’s

Harrah’s Entertainment was recently barred from betting on the action in the NBA finals between the Boston Celtics and Los Angeles Lakers.

Harrah’s top executive Gary Loveman bought a 2.4 percent stake in the Boston Celtics last year, which, under NBA rules, disqualifies the company from accepting bets on the team.

The restriction means bets won’t be accepted at about a third of all sports books on the Las Vegas Strip.

Harrah’s owns 13 casinos in Nevada, including Caesars Palace, Paris Las Vegas, Bally’s, Imperial Palace, Flamingo, Bill’s, Harrah’s and the Rio.