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Harrah's Drops Bid for Indiana Horseshoe

By Chuckmonster on Sunday, 3rd April 2005 2:07pm
  » filed under Las Vegas  comments: 0

   

Renewed lawmaker interest in gambling revenues torpedoed plans for a multi-million hotel at Horseshoe Casino, Horseshoe General Manager Rick Mazer said.

A $220-million hotel was part of a larger, approximately $556 million Horseshoe improvement project Mazer had intended to propose to officials of the riverboat's owner, Harrah's Entertainment Inc., he said.

"I was one week away from presenting it to the capital projects committee," Mazer said.

That was before lawmakers in February began eyeing a bigger share of casino revenues as a source of state funding, Mazer said.



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