Exhibit 3.243

PLAN OF MERGER

Plan of Merger adopted for Players Riverboat Management, Inc., a business corporation organized under the laws of the State of Nevada on February 3, 1995 and adopted for Players Riverboat Management, LLC, a limited liability company organized under the laws of the State of Nevada on December 4, 2002.

1. The address of Players Riverboat Management, Inc. is One Harrah’s Court, Las Vegas, Nevada 89119, its place of organization is the State of Nevada, and its governing law is the Nevada Revised Statutes.

2. The address of Players Riverboat Management, LLC is One Harrah’s Court, Las Vegas, Nevada 89119, its place of organization is the State of Nevada, and its governing law is the Nevada Revised Statutes.

3. Players Riverboat Management, Inc. and Players Riverboat Management, LLC, shall, pursuant to the provisions of the laws of the State of Nevada, be merged with and into a single entity, to wit, Players Riverboat Management, LLC, which will survive the merger when the merger becomes effective and which is sometimes hereinafter referred to as the “surviving entity”, and which shall continue to exist as said surviving entity under its present name pursuant to the provisions of the Nevada Revised Statutes. The separate existence of Players Riverboat Management, Inc., which is sometimes referred to as the “merging entity”, shall cease upon the effective date of the merger pursuant to the provisions of the Nevada Revised Statutes.

4. The Articles of Organization of the surviving entity when the merger becomes effective shall be the Articles of Organization of said surviving entity and said Articles of Organization shall continue in full force and effect until amended and changed in the manner prescribed by the provisions of the Nevada Revised Statutes.

5. The Member of the surviving entity when the merger becomes effective shall be the Member of the surviving entity.

6. At the effective time of the merger and without any action on the part of the merging entity or the surviving entity, each share of capital stock of the merging entity shall be cancelled and retired and cease to exist and no consideration shall be delivered in exchange therefore.

7. The officers of the merging entity and the Member of the surviving entity [ILLEGIBLE] authorized, empowered, and directed to do any and all acts and things, and to make, execute, deliver, file, and record any and all instruments, papers, and documents which shall be or become necessary, proper, or convenient to carry out or put into effect any of the provisions of this Agreement of Merger or of the merger herein provided.

The effective time of the Plan of Merger, and the time when the merger therein agreed upon shall become effective, shall be December 31, 2002.