Harrah's Gulf Coast in Biloxi is owned by Caesars. According to a Caesars Entertainment news release, the bankruptcy case will help Caesars 'implement a restructuring plan to strengthen its financial position.' The filing is an effort to shed more than half of its over $18 billion debt. After much speculation WLOX News has learned that a part of Caesars Entertainment has filed for bankruptcy.Ĭaesars Entertainment Operating Company announced Thursday morning it's filed for Chapter 11 bankruptcy protection. BILOXI, MS (WLOX) - A business alert that could affect the Mississippi Gulf Coast.
