Mississippi Business Journal » gamble http://msbusiness.com Mississippi Business Journal Wed, 22 May 2013 14:27:18 +0000 en-US hourly 1 http://wordpress.org/?v=3.5.1 Defunct casino to be moved; cost could rise depending on ‘crud’ http://msbusiness.com/blog/2013/05/15/defunct-casino-to-be-moved-cost-could-rise-depending-on-crud/?utm_source=rss&utm_medium=rss&utm_campaign=defunct-casino-to-be-moved-cost-could-rise-depending-on-crud http://msbusiness.com/blog/2013/05/15/defunct-casino-to-be-moved-cost-could-rise-depending-on-crud/#comments Wed, 15 May 2013 11:28:20 +0000 Associated Press http://msbusiness.com/?p=74772 VICKSBURG — By late August, Vicksburg’s downtown City Front will be without a floating casino for the first time since 1993 if the winning bidder at an auction April 25 for the former Grand Station Casino follows through on a bankruptcy court-ordered sale of the vessel. What happens to the spot beyond late summer is [...]

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]]> http://msbusiness.com/blog/2013/05/15/defunct-casino-to-be-moved-cost-could-rise-depending-on-crud/feed/ 0 Stockholders approve sale of casino for $869M http://msbusiness.com/blog/2013/05/02/stockholders-approve-sale-of-casino-for-869m/?utm_source=rss&utm_medium=rss&utm_campaign=stockholders-approve-sale-of-casino-for-869m http://msbusiness.com/blog/2013/05/02/stockholders-approve-sale-of-casino-for-869m/#comments Thu, 02 May 2013 12:00:38 +0000 Associated Press http://msbusiness.com/?p=74135 VICKSBURG — The sale of Ameristar Casino will mark the second gambling house buyout in Vicksburg in less than a year. The stockholders of Las Vegas-based Ameristar Casinos Inc. last week approved the company’s planned acquisition by Pinnacle Entertainment. The all-cash transaction is estimated to be valued at $869 million. No change to Ameristar’s brand [...]

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]]> http://msbusiness.com/blog/2013/05/02/stockholders-approve-sale-of-casino-for-869m/feed/ 0 Developers of proposed new casino miss deadline http://msbusiness.com/blog/2013/04/23/developers-of-proposed-new-casino-miss-deadline/?utm_source=rss&utm_medium=rss&utm_campaign=developers-of-proposed-new-casino-miss-deadline http://msbusiness.com/blog/2013/04/23/developers-of-proposed-new-casino-miss-deadline/#comments Tue, 23 Apr 2013 11:28:57 +0000 Associated Press http://msbusiness.com/?p=73754 GULFPORT — A development company that had wanted to build a $112 million casino at the Gulfport Harbor but has been unable to obtain financing will have to return to the Mississippi Gaming Commission for new approval if it wants to go ahead with the project. The Sun Herald reports a time limit on permission [...]

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]]> http://msbusiness.com/blog/2013/04/23/developers-of-proposed-new-casino-miss-deadline/feed/ 0 Officials readying to cut ribbon on hospitality training center http://msbusiness.com/blog/2013/04/09/officials-readying-to-cut-ribbon-on-hospitality-training-center/?utm_source=rss&utm_medium=rss&utm_campaign=officials-readying-to-cut-ribbon-on-hospitality-training-center http://msbusiness.com/blog/2013/04/09/officials-readying-to-cut-ribbon-on-hospitality-training-center/#comments Tue, 09 Apr 2013 11:49:41 +0000 Associated Press http://msbusiness.com/?p=72902 GULFPORT — After a decade of planning, Mississippi Gulf Coast Community College officials will cut the ribbon Friday on the nearly 51,000-square-foot Hospitality and Resort Management Center. MGCCC president Mary Graham tells The Sun Herald the state-of-the-art facility will provide a hands-on learning environment for students. The community college plans to work with Coast hospitality [...]

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]]> http://msbusiness.com/blog/2013/04/09/officials-readying-to-cut-ribbon-on-hospitality-training-center/feed/ 0 Trustee to auction off closed casino, some inventory http://msbusiness.com/blog/2013/04/09/trustee-to-auction-off-closed-casino-some-inventory/?utm_source=rss&utm_medium=rss&utm_campaign=trustee-to-auction-off-closed-casino-some-inventory http://msbusiness.com/blog/2013/04/09/trustee-to-auction-off-closed-casino-some-inventory/#comments Tue, 09 Apr 2013 11:28:56 +0000 Associated Press http://msbusiness.com/?p=72946 VICKSBURG — The trustee in the bankruptcy liquidation case of a closed Vicksburg casino boat will auction off the vessel and some its inventory on April 25. The Vicksburg Post reports a court hearing for creditors of the former Grand Station Casino will be heard again May 3. In March, U.S. Bankruptcy Judge Neil P. [...]

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]]> http://msbusiness.com/blog/2013/04/09/trustee-to-auction-off-closed-casino-some-inventory/feed/ 0 One casino adding revenue while the other spruces up http://msbusiness.com/blog/2013/04/08/one-casino-adding-revenue-while-the-other-spruces-up/?utm_source=rss&utm_medium=rss&utm_campaign=one-casino-adding-revenue-while-the-other-spruces-up http://msbusiness.com/blog/2013/04/08/one-casino-adding-revenue-while-the-other-spruces-up/#comments Mon, 08 Apr 2013 11:58:35 +0000 Associated Press http://msbusiness.com/?p=72876 NATCHEZ — Three months after Natchez’s second casino began play, gaming revenue is up in the city, but insiders warn it’s too early to bet on the increase holding or folding. Natchez gaming revenues for December, January and February increased over the same months last year. The Natchez Democrat reports figures from the Natchez City [...]

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]]> http://msbusiness.com/blog/2013/04/08/one-casino-adding-revenue-while-the-other-spruces-up/feed/ 0 City, new casino get off to bumpy start over signage http://msbusiness.com/blog/2013/03/04/city-new-casino-get-off-to-bumpy-start-over-signage/?utm_source=rss&utm_medium=rss&utm_campaign=city-new-casino-get-off-to-bumpy-start-over-signage http://msbusiness.com/blog/2013/03/04/city-new-casino-get-off-to-bumpy-start-over-signage/#comments Mon, 04 Mar 2013 13:40:49 +0000 Associated Press http://msbusiness.com/?p=70822 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. [...]

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]]> http://msbusiness.com/blog/2013/03/04/city-new-casino-get-off-to-bumpy-start-over-signage/feed/ 0 Trustees of bankrupt casino want to auction off boat, inventory http://msbusiness.com/blog/2013/03/04/trustees-of-bankrupt-casino-want-to-auction-off-boat-inventory/?utm_source=rss&utm_medium=rss&utm_campaign=trustees-of-bankrupt-casino-want-to-auction-off-boat-inventory http://msbusiness.com/blog/2013/03/04/trustees-of-bankrupt-casino-want-to-auction-off-boat-inventory/#comments Mon, 04 Mar 2013 13:02:00 +0000 Associated Press http://msbusiness.com/?p=70800 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 [...]

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]]> http://msbusiness.com/blog/2013/03/04/trustees-of-bankrupt-casino-want-to-auction-off-boat-inventory/feed/ 0 City councilman calls unfinished casino ‘eyesore’ http://msbusiness.com/blog/2013/02/28/city-councilman-calls-unfinished-casino-eyesore/?utm_source=rss&utm_medium=rss&utm_campaign=city-councilman-calls-unfinished-casino-eyesore http://msbusiness.com/blog/2013/02/28/city-councilman-calls-unfinished-casino-eyesore/#comments Thu, 28 Feb 2013 19:54:43 +0000 Associated Press http://msbusiness.com/?p=70546 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 [...]

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]]> http://msbusiness.com/blog/2013/02/28/city-councilman-calls-unfinished-casino-eyesore/feed/ 0 Officials concerned over depleted casino fund reserves http://msbusiness.com/blog/2013/02/27/officials-concerned-over-depleted-casino-fund-reserves/?utm_source=rss&utm_medium=rss&utm_campaign=officials-concerned-over-depleted-casino-fund-reserves http://msbusiness.com/blog/2013/02/27/officials-concerned-over-depleted-casino-fund-reserves/#comments Wed, 27 Feb 2013 13:53:45 +0000 Associated Press http://msbusiness.com/?p=70416 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 [...]

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