Harrah's said it anticipates the acquisition to immediately add to earnings and expects to achieve about $36 million in annual savings within two years. The sale is expected to alleviate possible antitrust issues in Louisiana. ![]() ![]() The Wall Street Journal reported Harrah's is negotiating to sell the Shreveport casino to Colony Capital LLC of Los Angeles. Las Vegas-based Harrah's also said it will sell its Harrah's casino in Shreveport-Bossier City, Louisiana to avoid overexposure in that market, but will keep its Louisiana Downs thoroughbred horse racing track and casino in Bossier City. ![]() Privately held Horseshoe has casinos in Bossier City, Louisiana Hammond, Indiana and Tunica, Mississippi. Harrah's Entertainment Inc., the world's third-largest gambling company, Thursday said it would buy casino operator Horseshoe Gaming Holding Corp.
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