Bankruptcy judge says Caesars can demolish Harrah's casino in Mississippi, despite objections

Industrials Associated Press

A Chicago bankruptcy judge has blessed plans to dismantle the former casino at the shuttered Harrah's complex in Mississippi's Tunica County.

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U.S. Bankruptcy Judge Benjamin Goldgar authorized the dismantling on March 30. Caesars Entertainment Corp. is trying to restructure or shed almost $20 billion in debt in the massive bankruptcy case.

It's unclear when work will begin — Tunica County permit clerk Alicia Draper says Caesars hasn't sought a demolition permit. Company spokesman Patrick Collins says only that Caesars is "proceeding with the court-approved process."

Court filings indicate Caesars is likely to void a $3.65 million-a-year land lease with the Yazoo-Mississippi Delta Levee Board. It's unclear what would then happen to a hotel on the property.

The casino south of Memphis, Tennessee, closed in June, eliminating about 1,000 jobs.