TIM ISBELL/SUN HERALD/2010 Hopes for a new casino at the beachfront site of what had been Grand Casino Biloxi have diminished since Hurricane Katrina. The CEO of Caesars Entertainment, which now owns the property, said Wednesday the existing structures will eventually have to come down.
TIM ISBELL ? TIM ISBELL
GULFPORT -- Gary Loveman, CEO of Caesars Entertainment, parent company of the Grand Biloxi Casino, opened the 20th Southern Gaming Summit on Wednesday at the Coast Convention Center by talking about the unfinished casino on the beach.
There's been no interest from any company in developing the unfinished property.
"I think over time, the facility will be taken down," he said. Loveman said Caesars is in discussions with Gov. Phil Bryant and the material may be used as a reef.
He didn't divulge plans for the rest of the Caesars property, including the old Casino Magic tower the company bought after Hurricane Katrina. The building has remained vacant since the 2005 storm.
SunHerald.com will update throughout the day.
Source: http://www.sunherald.com/2013/05/08/4651438/caesars-ceo-old-grand-property.html
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.