Harrah's may step up for Foxwoods Casino

12 Jul 2010

Philadelphia, Pennsylvania -- Foxwoods stumbling casino project in South Philly may yet receive a lifeline, The Philadelphia Inquirer reported.

Source apparently told the newspaper Harrah's is in talks to possibly acquire a 33 percent stake, the report said.

The project faced a huge setback when Steve Wynn withdrew from it back in April, Philadelphia Inquirer said.

Harrah's is also owed significant money on the sale of the 16 acres of land, the report noted.

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	Harrah's may step up for Foxwoods Casino 12 Jul 2010 Philadelphia, Pennsylvania -- Foxwoods stumbling casino project in South Philly may yet receive a lifeline, The Philadelphia Inquirer reported. Source apparently told the newspaper Harrah's is in talks to possibly acquire a 33 percent stake, the report said. The project faced a huge setback when Steve Wynn withdrew from it back in April, Philadelphia Inquirer said. Harrah's is also owed significant money on the sale of the 16 acres of land, the report noted.