Owners of bankrupt casino ordered to find buyer
by MBJ Staff
Published: August 8,2012
VICKSBURG — By order of the U.S. Bankruptcy Court, Delta Development & Investments has retained Equity Partners CRB (EP) to find a buyer for its Grand Station Casino barge on the Yazoo River in Vicksburg.
According to EP, many gaming-related machines and tables would be included in the sale.
The court has ordered the accelerated sale of the assets, free and clear of all liabilities. According to sources within Delta Development & Investments, a sale will be scheduled on or about Sept. 30, 2012 (or sooner), subject to court approval, EP reports.
The casino was first opened in 1993, and was operated by Harrah’s. Current ownership acquired it in 2010. It ceased operations March 21 of this year. At one time, it employed as many as 230 workers.
To sign up for Mississippi Business Daily Updates, click here.
One Response to “Owners of bankrupt casino ordered to find buyer”
FOLLOW THE MBJ ON TWITTERMy Tweets
Top Posts & Pages
- DAVID DALLAS: You say “Obama”, I say “Ebola”
- Pickering lists concerns over Mississippi Adequate Education Program formula
- MARTIN WILLOUGHBY: Andrew Adams helps grow Addicus
- Judge gets more time to fight efforts to remove him from office
- Voters to decide whether hunting, fishing is constitutional right
- Coast cleanup nets 1,600 bags of trash — and a watermelon patch
- State's bad bridges continue to raise concerns among officials
- Number of visitors to Natchez Trace makes big jump
- MISSISSIPPI RISING: Time to sell the image
- State renews battle over water use with city of Memphis