Word: harrah
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Dates: during 1990-1999
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...three-quarters of a million dollars in gambling taxes when its casino revenues plummeted because of new competition from Iowa. In New Orleans the gargantuan hulk of a half-built casino, slated to be the world's largest, sits rusting on the edge of the French Quarter. The builder, Harrah's Jazz Co., is bankrupt, done in by an overly optimistic tax deal with the state. Louisiana Governor Mike Foster, once a gambling booster, now wants to outlaw both casinos and video poker...
...eased the way for operators Eldorado and Circus Circus to build the new $380 million Silver Legacy, which opened in July only a block away. A raft of expansion projects are under way, just completed or about to begin at existing hotel-casinos Eldorado, Fitzgerald's, Peppermill and Harrah's, adding hundreds of new hotel rooms. The dusty downtown streets are crowded with construction equipment...
...operators are complaining. The city's largest hotel, the Excalibur, is a medieval castle that looks like Cinderella's at Disney World. The hotel that Bugsy Siegel built, the Flamingo, is now owned by Hilton. Characters like Benny Binion, who bragged of killing those who crossed him, and Bill Harrah, who in his 60s drag-raced with teenagers on Reno streets, have been displaced by quiet, invisible graduates of business schools. The last convicted felon to be spotted by a local columnist on the Strip was Michael Milken, the junk-bond king. "What this town needs," says Bob Stupak...
...spokesperson David F. Harrah also said the company had no reason to try to prevent publication of the article...
...operating to pressure people into reporting favorably on us," said Harrah. "These opinions can and have come...