Previous Press release: BILOXI, Miss., May 16 /PRNewswire-FirstCall/ -- Harrah's Entertainment, Inc. (NYSE: HET), along with world-renowned singer and songwriter Jimmy Buffett, today unveiled plans for a new Gulf Coast destination; Margaritaville Casino & Resort on the shores of Biloxi. The Margaritaville project is expected to cost more than $700 million, representing the single largest investment in Mississippi since Hurricane Katrina. The company expects this to be the first phase of a development that may cost ... [full story]

BILOXI, Miss., May 16 -- Harrah's Entertainment, Inc.  along with world-renowned singer and songwriter Jimmy Buffett, today unveiled plans for a new Gulf Coast destination; Margaritaville Casino & Resort on the shores of Biloxi. The Margaritaville project is expected to cost more than $700 million, representing the single largest investment in Mississippi since Hurricane Katrina. The company expects this to be the first phase of a development that may cost more than $1 billion. "I am privileged to announce Harrah's plans for Margaritaville Casino & Resort in Biloxi," said Gary Loveman, chairman, chief executive officer and president. "Along with Jimmy Buffett, ... [full story]