Complex sentence: By 1969, the program had become the College of Hotel Administration, and in 1989 the college was officially named for William F. Harrah, in recognition of a $5 million gift from his widow.
Split into simpler sentences: By 1969, the program had become the College of Hotel Administration. The school was named after William F. Harrah in 1989, after a $5 million gift from his widow.