Posts Tagged ‘casino’

Unfinished Margaritaville casino to be razed

BILOXI — An unfinished casino on the beach at Biloxi is coming down, Jonathan Jones, general manager of Grand Biloxi Casino, told the Biloxi City Council this week that the framework of what was going to be a $700 million Margaritaville resort will be demolished immediately. The Sun Herald reports that Jones said the company […] [...]

Hard Rock Casino sells to Rhode Island company for $250M

BILOXI — A company from Rhode Island is buying the Hard Rock Hotel & Casino Biloxi for about $250 million. Twin River Worldwide Holdings of Lincoln, R.I., made the announcement yesterday. The sale is expected to be complete in June. The casino is currently owned by Premier Entertainment Biloxi LLC, a subsidiary of Leucadia National […] [...]

Gaming Commission gives nod to Coast city’s first casino

D’IBERVILLE — The Mississippi Gaming Commission started the Scarlet Pearl Casino Resort on a path that could have D’Iberville’s first casino open by mid-2015. Jay McDaniel, deputy director of the commission, tells The Sun Herald that construction on the casino is expected to begin early next year on the Back Bay east of Interstate 110. […] [...]

Company agrees to pay outstanding gas bill of former casino

VICKSBURG — Bally Technologies Inc. and the city of Vicksburg have agreed on a payment for the almost five years the city under-billed the former Rainbow Casino for natural gas service from 2005 to 2010. The Vicksburg Post reports Bally will pay the city $175,000, about 46 percent less than the $378,234 the city said […] [...]

Lawsuit filed to halt rezoning for proposed Coast casino

BILOXI — A Harrison County judge has been asked to stop the rezoning of 19 acres west of Interstate 110 to waterfront in Biloxi to make way for a new casino. The lawsuit was filed last week by neighbors and the Gulf Islands Conservancy opposed the Biloxi City Council’s decision to rezone the property to […] [...]

Casino developers given more time to sign lease, make payment

D’IBERVILLE — The developers of the proposed Oyster Bay Casino have gotten a reprieve from the D’Iberville City Council. WLOX-TV reports that council members voted unanimously yesterday to give the Pivotal Group five days to sign a new lease agreement with the city. The group must also make a $25,000 payment. Officials with the development […] [...]

State’s casinos see another month of falling revenue

ACROSS MISSISSIPPI — Mississippi casinos won less money from gamblers in September for the 13th month out of 15, as casinos along the Mississippi River continued to lag badly. Mississippi Department of Revenue figures show statewide casino revenue fell 4.4 percent from September 2012 to $170.2 million. The 12 coastal casinos won $88 million from […] [...]

Casino signs lease with port for hotel tower renovation

GULFPORT — Island View Casino owners are ready to refurbish the hotel tower south of U.S. 90 after signing a 50-year lease with the Mississippi state Port Authority. Casino owner Rick Carter tells The Sun Herald the agreement begins with a 10-year lease and has multiple extensions. Carter said 35 years remained on the lease […] [...]

Site rezoned for proposed Boardwalk Casino

BILOXI — The Biloxi City Council has rezoned property west of Interstate 110 to waterfront, and now it will be up to the Mississippi Gaming Commission to decide if it is a legal casino site. The council also heard casino operators and Wall Street investors are interested in financing the proposed Biloxi Boardwalk Casino Hotel. […] [...]

Casino developers given 15-day deadline for lease renewal

D’IBERVILLE — The developers of Oyster Bay Casino have 15 days to renew their lease for Fountain Beach and they say they will. The Sun Herald reports the lease has expired today on the city-owned Back Bay land where the developers want to build a casino. The mayor and City Council voted this week to […] [...]

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