Harrah's selling Caddo casino - 2004-01-22
Boyd Gaming Corp., the Las Vegas company that owns the Treasure Chest riverboat casino in Kenner, has agreed to purchase the Harrah's Shreveport casino-hotel center for $190 million.
The move increases Boyd's holdings in Louisiana to three casinos and gives it geographic diversity in the state. Boyd also owns the Delta Downs race track casino in southwest Louisiana close to the Texas border, and a casino in Tunica, Miss.
Selling the Shreveport property gets Harrah's Entertainment Inc. one step closer to closing its deal to buy the Horseshoe Casino in Bossier City, the best-performing riverboat in the state.
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