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.
