Holding on to Biloxi
Friday, December 22nd, 2006Harrah’s not likely to shed casino here
BILOXI - The private equity groups buying Harrah’s Entertainment may sell off properties to lower their debt, but they will probably hold on to Biloxi, according to casino analysts.
It boils down to taxes.
The percentage that Mississippi takes off the top is significantly smaller than most other states with gambling. [...]


