New York Company Buying Into Hard Rock Biloxi

When Hard Rock Biloxi opens it will have some new owners. The New York based, Leucadia Corporation is buying ownership in the Biloxi Hard Rock for $89 million. The company is also offering to buy the $160 million in bond debt owed on the casino resort.

The sale is expected to take place on, or before May 4th. The Mississippi gaming commission is scheduled to consider the acquisition Thursday.