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Margaritaville Casino Biloxi closes

17 September 2014

BILOXI, Mississippi -- Margaritaville Casino Biloxi has hit the wall and closed, the Sun-Herald reported.

Within 24 hours of closing the copany filed for Chapter 11 bankruptcy, the report said.

The casino, which opened only two years ago, ran into trouble because it couldn't build a hotel and allegedly owe $4 million in rent, according to the Sun-Herald report.

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