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

Officials want loop to connect casinos, beach with Back Bay

BILOXI — City officials want to complete the long-awaited loop around East Biloxi that would link the casinos and the beach with Back Bay. The Sun Herald reports the City Council voted to support an initiative to connect Back Bay Boulevard with U.S. Highway 90. David Nichols, the city’s chief administrative officer, says he’s looking [...] [...]

City, new casino get off to bumpy start over signage

NATCHEZ — The president of a casino in Natchez said he plans to meet with Mayor Butch Brown about banners advertising the casino. The Natchez Democrat reports the city took down banners directing customers to the Magnolia Bluffs Casino at the bottom of Roth Hill in Natchez last Friday. But the casino soon replaced them. [...] [...]

Trustees of bankrupt casino want to auction off boat, inventory

by Associated Press Published: March 4,2013

Tags: auction, babkrupt, bankruptcy, casino, court, creditor, gamble, gambling, gaming, inventory, law, legal, trustee, vessel

VICKSBURG — The trustee in the bankruptcy liquidation case of a closed Vicksburg casino boat has requested that the vessel and some of its inventory be auctioned. The Vicksburg Post reports creditors of the closed Grand Station Casino will go before a court-appointed trustee on April 5 as the case proceeds. Trustee Stephen Smith continued [...] [...]

College-level casino courses could be offered at more schools

JACKSON — A bill headed to the governor would allow more of Mississippi’s public universities and community colleges to teach management, accounting or other courses specifically related to running casinos. The courses could be taught only in counties where casinos are legal — some areas along the Mississippi River and the Gulf Coast and in [...] [...]

City councilman calls unfinished casino ‘eyesore’

by Associated Press Published: February 28,2013

Tags: blight, casino, city government, Commercial Real Estate, gamble, gaming, state government, urban

BILOXI — The city of Biloxi is seeking authority from the Legislature to deal with blighted commercial property. Its target is Caesars Entertainment’s unfinished casino on the beach on U.S. Highway 90. The city had authority until last September when a law expired to clean commercial buildings and multi-family housing complexes damaged by Hurricane Katrina [...] [...]

Officials concerned over depleted casino fund reserves

by Associated Press Published: February 27,2013

Tags: casino, city government, fund, gamble, gambling, gaming, infrastructure, public education, reserve, school, school district

GREENVILLE — The city of Greenville has about $12,000 remaining from the $1.6 million in casino revenue budgeted this fiscal year. The Delta Democrat Times reports that in previous years the city used other tax revenue or borrowed money for day-to-day operations and various repairs. For the fiscal year that began Oct. 1, 2012, the [...] [...]

Choctaws’ gaming revenue growth second-fastest in U.S.

by Associated Press Published: February 27,2013

Tags: casino, gamble, gambling, gaming, growth, indians, Native Americans, report, revenue, tribe

PHILADELPHIA — Indian casinos brushed off weak consumer spending in a sluggish U.S. economic recovery to post a modest increase in revenue in 2011, an industry study reported Wednesday. Not only did revenue rise 3 percent, to $27.4 billion, but Indian casinos are holding on to their share of total casino gambling revenue, competing closely [...] [...]

County appeals decision to give casino tax money to city

CLARKSDALE — Coahoma County has appealed a judge’s order that it return to the city of Clarksdale about $62,000 collected in casino taxes. The Clarksdale Press Register reports the county filed the appeal Feb. 15, asking Circuit Judge Johnnie Walls to reverse his decision. In court documents, county attorney Tom Ross argues that Walls ruled [...] [...]

Commission approves new rules for casino construction

by Associated Press Published: February 21,2013

Tags: building, casino, commission, construction, design, gamble, gaming, hotel, restaurant

JACKSON — Mississippi Gaming Commission has approved a new rule that would require new casinos to be sturdier and with larger gambling space larger and restaurants and hotels. The new regulations approved today would raise the required number of hotel rooms from 250 to 300 and hotel quality to a three-diamond. New casino resorts would [...] [...]

Trial date set for casino’s tax-protest hearing

VICKSBURG — Ameristar Casino’s protests over Warren County property tax levies for 2012 and 2013 will be heard Oct. 14 in Warren County Circuit Court. The Vicksburg Post reports the separate lawsuits filed by the casino have been combined by Circuit Judge M. James Chaney. The Ameristar claims in the most recent of the two [...] [...]

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