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."