Home » NEWS » Vicksburg casino headed to the scrap heap (update with sale price)

Vicksburg casino headed to the scrap heap (update with sale price)

grandstationcasinoThe bankrupt Grand Station Casino riverboat barge, a fixture in downtown Vicksburg for years, is headed to the scrap heap.

Keyes Recycling of Vicksburg purchased the riverboat barge for $10,000 Thursday in an auction on the Vicksburg riverfront.

Bennie Taylor of Taylor Auction & Realty in Grenada, which conducted the sale, said the interior contents sold for about $38,000.

Taylor said the gaming equipment had been previously removed, and vandals and thieves had left their mark on the inside of the boat.

“It was a mess,” Taylor said.

Taylor was not sure if the new owners were going to be able to move the boat or if they would have to dismantle it on-site.

“They said if the river gets about five feet higher, they might be able to float it out of the cofferdam.”

The casino was shut down in March 28, 2012. More than 200 workers lost their jobs.

A court hearing for creditors of the former Grand Station Casino will be heard May 3.

In November, after the sale of the court-ordered sale of the casino fell through, the case was converted to a  Chapter 7 case, forcing the liquidation.

The two major creditors are Bally Gaming and the city of Vicksburg.

Creditors Bally Gaming and the city of Vicksburg were seeking to recoup a $3 million loan for improvements and back rent payments.

The casino on Mulberry Street was know as Grand Station for about a year, but previously it was Harrah’s.

About Frank Brown

Leave a Reply

Your email address will not be published. Required fields are marked *