With this additional $700 million dollar project supporting Mississippi’s vital tourism industry, Harrah’s financial commitment to the region will be nearing $1 billion, including the company’s hurricane relief and recovery efforts for our employees.” “Along with Jimmy Buffett, we plan to develop the next generation destination resort on the Gulf Coast. “I am privileged to announce Harrah’s plans for Margaritaville Casino & Resort in Biloxi,” said Gary Loveman, Harrah’s chairman, chief executive officer and president. The company expects this to be the first phase of a development that may cost more than $1 billion.Ĭonstruction of Margaritaville is expected to begin this summer with a target completion date of Spring 2010. Haley Barbour this morning to unveil plans for Margaritaville Casino & Resort, a $700-million-plus investment that will be on Casino Row in Biloxi and represents the single largest investment in Mississippi since Hurricane Katrina. Harrah’s Entertainment and world-renowned singer-songwriter Jimmy Buffett joined Mayor A.J.
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