In spite of the announcements made by Harrah’s Entertainment a few months ago about the development of a $1.2 billion casino in Slovenia, the company has decided to withdraw from the project. A spokesperson for Harrah’s said the decision was made because they were unable to reach an agreement concerning a management contract.
“It was really coming to an agreement on how we could have management strength and they could have ownership control,” Jan Jones, Harrah’s senior vice president of communications and government relations explained.