Harrah's Plans Two Biloxi Casinos As reported by the Biloxi Sun Herald: "Harrah's Entertainment, the world's largest gambling company, will invest more than $1 billion to build two casinos in Biloxi, said Mayor A.J. Holloway, who expects the city's economy to be moving at "full speed in three years." "Other casino companies and condominium developers are also approaching the city with waterfront projects, but so far no one has proposed any apartment complexes to house tourism workers. Inflated land prices, proposed elevation requirements for buildings and fragmented ownership of property are obstacles to the creation of new affordable housing, the mayor told the Sun Herald. "Harrah's, which owns the Grand Casinos in Biloxi and Gulfport, plans to build two casinos in Biloxi: one on the north side of Beach Boulevard and one on the south side, Holloway said. The company, which last month announced it is pulling out of Gulfport, will rebrand the casinos with new names. "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…" |