NEW ORLEANS, June 26 /PRNewswire/  -- Harrah's Jazz Company ("HJC")
announced that, as it had earlier indicated, it went to federal bankruptcy
court today to ask for assumption of the existing operating contract with the
state of Louisiana and the rights of HJC under that contract as part of a
modified plan of reorganization.
    Under the modified plan of reorganization, HJC will seek, among other
things, a determination as to whether it is required to pay the $100
million annual payment to the state as a consequence of the state's failure to
require riverboat casinos to cruise as mandated by state law and in violation
of HJC's exclusivity rights to develop and operate a land-based casino in New
Orleans.
    Pending action by the bankruptcy court, development plans and timetables
for resumption of construction and scheduled opening dates for the casino are
uncertain.

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