Archive for the ‘GAMING/HOSPITALITY – Market Sector’ Category

Miss. casino revenue falls on river casino weakness

JACKSON — Mississippi casino revenue fell in November, as continued weakness at casinos along the Mississippi River outweighed gains on the Gulf Coast. State Department of Revenue figures show casinos statewide won $156 million from gamblers in November, down 5 percent from $164 million in November 2013. The 12 coastal casinos won $82.8 million, up […] [...]

Hyatt-Place is Columbus’ newest hotel option

by Published: December 18,2014

Tags: Business, Columbus, hospitality, hotel, Lowndes County, Mississippi, NEWS

The Columbus and Lowndes County hospitality market is continuing a growth spurt with the opening of a Hyatt- Place Hotel that joins a new prototype Hampton Inn scheduled to open next month. Those properties follow a Courtyard By Marriot and a Fairfield Inn that have opened in the last three years. Hyatt-Place Columbus is only […] [...]

U.S. Small Business Administration awards MDA funding for state trade and export promotion program

by Published: December 16,2014

Tags: Business, editorial, MDA, Mississippi, NEWS

The U.S. Small Business Administration has awarded the Mississippi Development Authority funding for the Mississippi State Trade and Export Promotion Program. The STEP Program allows MDA to provide financial and technical assistance to small- and medium-sized Mississippi companies interested in growing their business through trade. Administered by MDA’s Trade Bureau, the program helps reduce some […] [...]

Jackson County small businesses prepare for busy shopping season

By Tammy Leytham On a recent November day, Ashley Knecht was preparing her store, Gourmet Gurl, in Pascagoula for its one-year anniversary followed by the Christmas shopping season. She has give-a-ways and food samples planned and has shelves stocked with big sellers — like Captain Rodney’s Boucan Glaze, coffees and teas. And a new item […] [...]

Gulfport takes steps to develop aquarium

by Published: December 3,2014

Tags: Business, Gulf Coast, GULFPORT, Mississippi, NEWS

GULFPORT — The city of Gulfport will spend $14 million on 10 acres where could be located one of the largest aquariums in the country. Mayor Billy Hewes envisions an aquarium that will be interactive, educational and fun — and link downtown to Jones Park with a skyway over U.S. Highway 90. The development will […] [...]

Scott Walker reports to federal prison after MDMR fiasco

BILOXI — Ocean Springs businessman Scott Walker has reported to federal prison to begin an 18-month sentence for conspiracy and fraud charges involving the Mississippi Department of Marine Resources and the City of D’Iberville. According to the U.S. Federal Bureau of Prisons, Walker reported to the minimum security prison in Pensacola, Florida, on Monday. The […] [...]

Isle Of Capri Casinos, Inc. announces fiscal 2015 second quarter results

by Published: December 2,2014

Tags: Business, casinos, gaming, Gulf Coast, Mississippi, NEWS

ST. LOUIS — Isle of Capri Casinos, Inc. (NASDAQ: ISLE) (the “Company”) today reported financial results for the second quarter of fiscal year 2015 ended October 26, 2014 and other Company-related news. Virginia McDowell, the Company’s president and chief executive officer, commented, “Approximately a year ago, we undertook a comprehensive review of our business practices and implemented bold changes to […] [...]

State’s casinos took in more winnings in October

ACROSS MISSISSIPPI — A strong performance by Mississippi’s Gulf Coast casinos boosted gambling revenue to $167 million in October. The figure bested the $165.5 million lost by gamblers in October 2013. The 11 casinos in South Mississippi showed 9 percent jump in revenue — despite the closing of the Margaritaville Casino in Biloxi. Mississippi Department […] [...]

THE NEXT CHAPTER — Wally Northway ending a ‘great ride’ chronicling Mississippi’s business stories

Greenville native Wally Northway had written a lot of songs but never a news story when he ventured into newspapering at the Mississippi Business Journal in 1997 after a career as a college administrator. A few thousand stories later, the soon-to-retire business journalist can lay claim to a career well spent. “I always felt like […] [...]

Ole Miss rated best tailgate spot in the nation

Before football games at Ole Miss, one of the best parties in the South is held on 10 grassy acres shaded by dozens of hulking oak trees in the middle of campus. Under canvass tents, women in dresses and high-heeled shoes mingle with men wearing pressed khakis and starched dress shirts. The buffet tables are […] [...]

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