Bonjour Everett, John & all,
I am sure you all will see big things starting to happen. At the Biloxi Grand and Casino Magic sites. By the end of the year. That is if Harrahs and Pinnacle can complete their already agreed upon deal. This is when all the necessary approvels is gotten. And the result of a local vote of the voters of Calcasieu Parish, located in this part of Louisiana. And where Harrahs and Pinnacle has their casino's located.
Pinnacle is buying the Harrahs Lake Charles, LA. Casinos (both of them). Along with the 2 gaming licenses. That each of the Harrahs casinos has here in Lake Charles, La. Each of the casino boats survived hurricane Rita O.K. But, the barge located pavillian was VERY BADLY damaged. And pavillion has been totally scraped. And the barges that did survived the storm. And had been welded together, to form the foundation for the pavillion. Has been cut apart; and shipped somewhere. The only thing left (and had survived pretty much intact). Is the parking garage, parking lot, and the hotel.
In the buy/trade deal, as I understand it. Pinnacle will get the Lake Charles, La. Casinos & property there. And Harrahs will be payed 70 million dollars by pinnacle. And get the Casino Magic site, in Biloxi, Miss. As part of the deal in trade. This will give Harrahs roon to expand their Biloxi Casino. When this happens it will most likely(I read) it will be called Horseshoe Biloxi--or something like this--.
ALSO, Casino Magic Bay St. Louis, is being renamed---Hollywood Casino---.
So NO MORE Grand Casino Biloxi OR Casino Magic Biloxi, Or Casino Magic Bay St Louis. In the future.
Dan
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