Gaming regulators approve Harrah’s buyout of Caesars
Friday, March 18, 2005 | 10:15 a.m.
Mississippi is among several states where approval of the merger had to be sought because both companies have casinos in the state.
With final approval, Harrah's will own five casinos in Mississippi with more than 9,500 employees, making it the state's second largest private employer. Only Northrop Grumman Ship Systems has more employees.
Harrah's officials said its acquisition of Caesars Entertainment, the parent company of Grand Casinos, is expected to be complete by June.
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