With debt write-down, Harrah’s seems poised to take over Foxwoods

In a sign that it might soon take over the troubled Foxwoods Casino project, Harrah’s Entertainment Inc. has written off $52.3 million in debt owed by the local investor group for the 16.5-acre site on the Delaware waterfront in South Philadelphia. The disclosure was contained in Harrah’s financial results for the second quarter, which ended June 30.