The South's Casino Capital Is Selling Bonds in a Bet on Wholesome Far

  • Water park, hotels would replace casino in Mississippi county
  • County to sell about $148 million of munis for project funding

Harrah’s Tunica casino in Robinsonville, Mississippi., prior to being shut down, in 2014.

Photographer: Rogelio V. Solis/AP Photo

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One of the U.S.’s top gambling destinations is issuing bonds next week in order to diminish its reliance on casinos.

Tunica County, Mississippi, is selling about $148 million in urban renewal revenue bonds to convert the former Harrah’s resort into a complex featuring a convention center, two hotels, a water theme park and a youth sports complex.