Posts Tagged ‘convention’

City borrowing for convention center improvements

COLUMBUS — The city of Columbus will borrow up to $2.5 million to finance renovations at the Trotter Convention Center. The city council voted to borrow the money from the Mississippi Development Bank. The city also will use in-lieu fees from Columbus Light & Water of about $225,000 a year to service its debt. The […] [...]

Road project expected to spur casino development

BILOXI — The extension of Back Bay Boulevard won’t quite complete “the loop” around East Biloxi but it will be enough for casino developers to invest millions in the city. The Sun Herald reports city council members heard a proposal yesterday for using $5 million from the Mississippi Development Authority to complete Phase I of […] [...]

Casino planning $50M hotel tower renovation on Coast

GULFPORT — Island View Casino Resort is expanding with a planned $50 million investment to transform a hotel tower vacant since Hurricane Katrina into a 400-room hotel and convention center. The Sun Herald reported the tower on the south side of U.S. Highway 90 had been part of Grand Casino Gulfport before Katrina struck in […] [...]

Silver Slipper to build 140-room hotel; expected to take a year to complete

BAY ST. LOUIS — Construction will begin soon on a $17.5 million, 140-room hotel at the Silver Slipper Casino, according to its parent company. The Sun Herald reports Full House Resorts received a commitment for a $10 million loan on Aug. 2 and will finance the remaining $7.5 million cost of construction with cash on […] [...]

Mayor concerned about management of convention center

VICKSBURG — The city of Vicksburg will hold VenuWorks more accountable about its management of the Vicksburg Convention Center and Auditorium, Mayor George Flaggs Jr. says. The Vicksburg Post reports the mayor is threatening to find a new management company if a better working relationship can’t be achieved. Flaggs, in office a little more than […] [...]

State’s casinos see 7 percent drop in revenue

ACROSS MISSISSIPPI — Mississippi casino revenue resumed its year-over-year slide in June after showing positive results in May. Statewide casino revenue fell nearly 7 percent from June 2012 to $174.5 million, according to Mississippi Department of revenue figures. The state’s gambling halls eked out a 1 percent gain in 2012, because revenue rebounded after most […] [...]

New regional tourism group on Coast holds first meeting

BILOXI — Representatives from the three Coast counties arrived ready to work at the first meeting of the new Mississippi Gulf Coast Regional Tourism Commission. Yesterday, the commission began by establishing accountability and setting goals to increase visitors to South Mississippi resorts. The Sun Herald reports Duncan McKenzie was elected president and Kim Fritz vice […] [...]

MMI takes over operation of downtown hotel; LEAD still owners

JACKSON — MMI Hotel Group has assumed management of the 67-room Sleep Inn and Suites Downtown-Convention Center located across the street from the to-be-opened Iron Horse Grill. The LEAD Group, LLC continues to own the property serving the downtown Jackson market. “This is our first management agreement with The LEAD Group,” said Scott Sledge, vice […] [...]

Gaming expert: City could wait years for casino growth

NATCHEZ — Despite increased revenues since the city’s second casino opened in December, a Mississippi gambling expert says it could take several years for Natchez to see substantial growth to the local casino market. Former University of Southern Mississippi professor, researcher and author Dr. Denise Runge said she would, of course, not have expected local […] [...]

Casino hotel construction playing beat the clock

BILOXI — The countdown is on and those driving by the new hotel construction on U.S. 90 are watching to see if the Hard Rock Hotel & Casino Biloxi can make its planned opening by New Year’s Eve. Todd Raziano, CFO at the casino, tells The Sun Herald Premier Entertainment Biloxi and Hard Rock International […] [...]

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