Harrah’s to build 2 casinos in Biloxi Mississippi
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Harrah’s Entertainment looks to be reinvesting in Biloxi, Mississippi after the devestation from the previous hurricane season. Biloxi’s Mayor A.J. Holloway has told the local media that 2 casinos will be built in Biloxi, with an announcement to come shortly from Harrahs and Gov. Haley Barbour.
According to the report, Holloway said Harrah’s will build two casinos — one on the north side of Beach Boulevard and one on the south side — and the project will cost more than $1 billion. The company could open a casino inside its Bayview Hotel as early as this summer, Holloway said, but will rebuild from the ground up on the south side of Beach Boulevard.
Harrah’s owns the Grand Casinos in Biloxi and Gulfport. Both casinos were destroyed by Hurricane Katrina on Aug. 29. Last month, Harrah’s announced it was pulling out of Gulfport. via Ocean County Observer
The lure of gaming and changes in the laws regulating where casinos can be built has provided a much needed spark for the Gulf Coast region of Mississippi.
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[...] Harrah’s to build 2 casinos in Biloxi Mississippi Harrah’s Entertainment looks to be reinvesting in Biloxi, Mississippi after the devastation from the previous hurricane season. (The rest at the Real Estate Bloggers) [...]