Harrah's Entertainment to Advance On Settlement for Vegas Landmark Casino - 2004-03-09
Harrah's Entertainment picked up the gauntlet Monday, publicly disclosing it will advance with its scheduled three-way agreement to buy out the Binion's Horseshoe in spite of the clouded title to land under the downtown landmark.
Harrah's, which is purchasing the World Series of Poker and rights to the Horseshoe name in Nevada, however, reached a deal with Behnen and MTR over the weekend to go forward with their settlement to take over the 52-year-old property, Thompson stated Monday.
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