Harrah’s Entertainment is slowing, but not halting, construction on its $700 million Margaritaville Casino in Biloxi, Mississippi, to “adjust the plan to better align with the economic environment, market conditions on the Gulf Coast and the current financing environment,” a spokeswoman says. The project was due for completion in 2010 with two more phases that could boost the cost above $1 billion. Reports listed no new schedule.

By GGB Staff

Staff writers for Global Gaming Business magazine. Las Vegas, Nevada.

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