Harrah's
Doesn't Expect Financial Impact from Closures
As reported by MarketWatch:
"Harrah's Entertainment Inc. said in a
filing with the Securities and Exchange Commission
on Monday that its Mississippi Gulf Coast casinos,
including Grand Casino Biloxi and Grand Casino
Gulfport, were significantly damaged by Hurricane
Katrina.
"…The company said that
despite the negative impact of the hurricane,
at the present time, it doesn't expect the closure
of these properties to have a material effect
on its liquidity, capital resources or operations."
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