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

Renovations totaling $100M underway at Coast casino

BILOXI — Work has begun to transform Isle of Capri into the Golden Nugget Casino Biloxi. The Sun Herald reports Landry’s Golden Nugget bought the East Biloxi casino Nov. 29 and has remodeled five of the guest rooms that visitors can tour this weekend. By about Memorial Day, one-third of the $100-million remodeling and construction [...] [...]

Park Service interested in land leased by casino

NATCHEZ — A lease between the city of Natchez and the Isle of Capri on some property at Fort Rosalie has expired and the National Park Service wants to acquire the land. Natchez National Historical Park Superintendent Kathleen Jenkins tells the Natchez Democrat there was an understanding was that the NPS would obtain the Little [...] [...]

Two Coast counties approve regional tourism board

by Associated Press Published: January 8,2013

Tags: board, convention, county government, meeting, region, regional, regionalism, tourism, tourist, vacation, visitor

MISSISSIPPI GULF COAST — Supervisors in Harrison and Hancock counties have voted to support a regional tourism board that would promote the entire Gulf Coast. Jackson County supervisors discussed the proposal yesterday but didn’t vote on it, saying they need more information. Once approved by the three counties, The Sun Herald reports it would need [...] [...]

County not banking much on revenue from casinos

NATCHEZ — Adams County officials are being careful not to count too heavily on gambling revenue in 2013, despite the opening of a new casino. The Natchez Democrat reports the county has only budgeted for an additional $95,000 in gambling revenue for fiscal year 2013. For the fiscal year that ended in September 2012, a [...] [...]

State’s casinos see drop in November revenue

ACROSS MISSISSIPPI — The state’s casino revenue shrank again in November, but at a much slower pace than October’s 8 percent decline. Statewide casino revenue fell to $164.4 million, according to Mississippi Department of Revenue figures. The dip left the state’s gambling halls running $13 million ahead of 2011′s pace through 11 months. In 2011, [...] [...]

Magnolia Bluffs Casino to open tomorrow

NATCHEZ — Nearly 20 years after the first legalized dice rolled in Natchez, the city’s second casino is set to open. It wasn’t for lack of trying by others through the years. Magnolia Bluffs Casino is set to open tomorrow. Most local leaders tell The Natchez Democrat they have lost an exact count of the [...] [...]

State drops price gouging charges against hotel owners

by Associated Press Published: December 3,2012

Tags: crime, criminal, government, hospitality, hotel, hotelier, law, law enforcement, lodging, price gouging, state

  VICKSBURG — The Mississippi attorney general’s office has dropped charges against the owners of a Vicksburg hotel who had been accused of price gouging during a state of emergency.   Jan Schaefer, a spokeswoman for Attorney General Jim Hood, tells the Vicksburg Post there was not enough evidence to pursue the charges.   Devenora [...] [...]

Landry’s completes acquisition of Isle-Biloxi; plans $100M renovation

BILOXI —Fertitta Entertainment has completed the acquisition of the Isle Casino in Biloxi. Terms were not disclosed. “We’ve been looking to extend the Golden Nugget’s footprint to Biloxi for years and we’re excited to make major changes to the property and to the South, a personal interest of mine,” said Tilman J. Fertitta, sole owner, chairman [...] [...]

Isle points to Isaac, low river for quarterly loss

ST. LOUIS, Mo. — Isle of Capri Casinos Inc. recorded a loss of $4.3 million during the quarter ended Oct. 28, compared to a loss of $1 million the same quarter last year. Net revenues for the quarter were $223.2 million, compared to $231.4 million the same quarter last year. Consolidated adjusted EBITDA decreased $3.2 [...] [...]

Commission grants license to Magnolia Bluffs Casino

NATCHEZ — The Mississippi Gaming Commission has granted a gaming license to Magnolia Bluffs Casino. The Natchez Democrat reports the commission granted the approval yesterday during its meeting at the Natchez Grand Hotel. The casino, which is scheduled to open Dec. 21, has been nearly six years in the making. The casino first received site [...] [...]

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