Posts Tagged ‘casino’

Diamondhead Casino names new chairman/president

DIAMONDHEAD — Diamondhead Casino Corporation (DHCC), which has been trying to build a casino resort on its 404-acre property in Diamondhead for more than a decade, has appointed Ted Arneault, formerly chairman, president and CEO of MTR Gaming Group Inc., as chairman of the board of the company and president and CEO of Casino World […] [...]

Developers of a 2nd Coast casino miss financing deadline

MISSISSIPPI GULF COAST — Developers of two proposed casinos for the Mississippi Gulf Coast have missed deadlines to secure financing to build their projects. Tuesday, Rotate Black, which has a site approval at the Gulfport Harbor to build the $112 million Hemingway Casino failed to meet the 5 p.m. deadline. Monday, developers for the Scarlet […] [...]

Coast casinos’ revenues up, but riverboats continue to struggle

by Associated Press Published: March 26,2014

Tags: casino, gambling, gaming, Mississippi Department of Revenue, Mississippi Gulf Coast, revenue, riverboat

ACROSS MISSISSIPPI — Mississippi Gulf Coast casinos won a bit more from gamblers in February but that increase couldn’t overcome bigger revenue declines at casinos along the Mississippi River. Mississippi Department of Revenue figures show statewide casino revenue to $182 million in February, down fell 3 percent from 2013′s second month. Revenue has fallen in […] [...]

Project manager proposes green space for ex-casino site

BILOXI — Land south of U.S. Highway 90 where Harrah’s Entertainment planned to build the original Margaritaville Casino would become green space under a proposal presented this week to Biloxi officials. Jason Wald, a project manager with Yates Construction, met this week with members of the city’s development review committee. Wald said Harrah’s officials want […] [...]

Boyd Gaming reports drop in in-state net revenue

LAS VEGAS — Boyd Gaming Corporation reports fourth-quarter 2013 net revenues of $681.5 million, up 9.1 percent from $624.7 million during the same quarter in 2012. Total Adjusted EBITDAwas $131.5 million, an increase of 30.4 percent from $100.9 million in the year-ago quarter. Results reflect the addition of the operations of Peninsula Gaming, LLC, which […] [...]

Isle of Capri records loss; says state properties face ‘pressure’

by MBJ Staff Published: February 27,2014

Tags: casino, gambling, gaming, Isle of Capri Inc., net loss, publicly traded company, revenue

ST. LOUIS — Isle of Capri Casinos Inc. has reported financial results for the third quarter of fiscal year 2014 ended Jan. 26. Diluted income (loss) per share from continuing operations for the quarter was $0.24 compared to ($0.06) for the third quarter last year. Income from continuing operations was impacted by the reversal of […] [...]

Gaming company shuffles leadership at three casinos

AROUND MISSISSIPPI — Penn National Gaming Inc. has made leadership changes at its three Mississippi properties. Effective next month, Steve Lambert, acting general manager of Hollywood Casino Perryville (now owned and operated by Gaming & Leisure Properties Inc.) since July 2013, has been named general manager of Hollywood Casino Tunica. In addition, under a change […] [...]

Mississippi’s casino revenues hit their lowest yearly mark since 1997

by Frank Brown Published: January 31,2014

Tags: Business, casino, gaming, Gulf Coast, Mississippi

The gaming industry in Mississippi has hit a 26-year low, and the Tunica market may be less than two years from drastic changes if the spiral doesn’t stop in the next 18-24 months. Numbers released last week by the Mississippi Gaming Commission indicate gross gaming revenue — the money casinos earn after payoffs are subtracted […] [...]

MBJ January 24th Digital Edition

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Gaming Commission to decide fate of harbor casino

by Associated Press Published: December 27,2013

Tags: casino, City of Gulfport, gambling, gaming, Gulfport Harbor, Mississippi Gaming Commission, Rotate Black

GULFPORT — The Mississippi Gaming Commission is scheduled to meet in Gulfport on Dec. 30 to decide whether developers can build a casino at the Gulfport harbor. The commission will meet at city hall. Rotate Black is the group proposing a $112-million casino resort on private property next to Jones Park. The Sun Herald reports […] [...]

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