Posts Tagged ‘gamble’

State’s casinos see worst revenue in April since 1998

by Associated Press Published: May 28,2013

Tags: casino, gamble, gambler, gambling, gaming, revenue, tourism, tourist, vacation, visitor, winning

AROUND MISSISSIPPI — Mississippi casino revenue kept falling in April, with gamblers losing less than in any other April since 1998. Mississippi Department of Revenue figures show statewide casino revenue fell 6 percent to $176.3 million. » READ MORE: Details on declining casino revenues in April. Year-over-year casino revenue has fallen in every month since […] [...]

Defunct casino to be moved; cost could rise depending on ‘crud’

by Associated Press Published: May 15,2013

Tags: auction, bankrupt, bankruptcy, casino, Commercial Real Estate, counrt, demolition, gamble, gambler, gaming, judge, scrap

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 […] [...]

Stockholders approve sale of casino for $869M

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 […] [...]

Developers of proposed new casino miss deadline

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 […] [...]

Officials readying to cut ribbon on hospitality training center

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 […] [...]

Trustee to auction off closed casino, some inventory

by Associated Press Published: April 9,2013

Tags: auction, bankrupt, bankruptcy, casino, Commercial Real Estate, gamble, gambler, gaming, sale, sell, trustee

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. […] [...]

One casino adding revenue while the other spruces up

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 […] [...]

City, new casino get off to bumpy start over signage

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. […] [...]

Trustees of bankrupt casino want to auction off boat, inventory

by Associated Press Published: March 4,2013

Tags: auction, babkrupt, bankruptcy, casino, court, creditor, gamble, gambling, gaming, inventory, law, legal, trustee, vessel

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 […] [...]

City councilman calls unfinished casino ‘eyesore’

by Associated Press Published: February 28,2013

Tags: blight, casino, city government, Commercial Real Estate, gamble, gaming, state government, urban

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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