Harrah's is going through the measures in order to acquire the rest of the ownership of Biloxi's Casino Magic which is currently being owned by Pinnacle Entertainment, Inc. The current casino is located on eighteen acres of the Mississippi coast which is also right next to property already inhabited by a Harrah's owned casino by the name of Grand Casino Biloxi, and is looking forward to acquiring the neighboring property in order create a dynamic new resort casino that will hopefully bring in a much needed source of income and employment to an area in much duress.

The head of Harrahs Casino elaborates on what the hope will be of a huge positive development in this stricken environment by saying, "We believe in the long-term potential of the Mississippi Gulf Coast, and are looking forward to returning to this vibrant market, the site we are acquiring from Pinnacle will give us an even larger footprint in Biloxi, giving us greater flexibility in creating a compelling entertainment experience." The casino planned is to be an impressive addition to the coastline.

It is a thirty-five thousand dollar casino with a five hundred room hotel and luxury spa and restaurants. But it isn't the five star dining that the majority of people are excited about but the one thousand jobs that the casino will provide to an are that had a majority of its business destroyed in Hurricane Katrina. The state is also addressing the need to adjust some of its previous regulations on casinos and re-evaluate how they utilize the added cash flow to revitalize their ailing economy. Casino's in many state in general are being looked at as a necessary evil in order to accrue added tax dollar for state funded programs suffering from neglect.