Posts Tagged ‘gambler’

Former casino in disrepair while bankruptcy case continues

VICKSBURG — More than nine months after the Grand Station Casino closed amid bankruptcy, the property near Vicksburg’s City Front is in disrepair as several issues are settled in court. In October, U.S. Bankruptcy Judge Neil P. Olack awarded the casino to M Street Inc. after it bid $400,000 for the 36,000-square-foot facility in a […] [...]

Isle-Natchez ousts general manager/VP, gives no reason

NATCHEZ — Isle of Capri Casino Natchez changed its top management with the ouster of vice president and general manager Tony Scudiero. Jill Alexander, senior director of corporate communications for Isle of Capri Casinos based in St. Louis, declined to explain the cause for the management change. The Natchez Democrat reports the management shake-up occurred […] [...]

County not banking much on revenue from casinos

NATCHEZ — Adams County officials are being careful not to count too heavily on gambling revenue in 2013, despite the opening of a new casino. The Natchez Democrat reports the county has only budgeted for an additional $95,000 in gambling revenue for fiscal year 2013. For the fiscal year that ended in September 2012, a […] [...]

State’s casinos see drop in November revenue

ACROSS MISSISSIPPI — The state’s casino revenue shrank again in November, but at a much slower pace than October’s 8 percent decline. Statewide casino revenue fell to $164.4 million, according to Mississippi Department of Revenue figures. The dip left the state’s gambling halls running $13 million ahead of 2011′s pace through 11 months. In 2011, […] [...]

Magnolia Bluffs Casino to open tomorrow

NATCHEZ — Nearly 20 years after the first legalized dice rolled in Natchez, the city’s second casino is set to open. It wasn’t for lack of trying by others through the years. Magnolia Bluffs Casino is set to open tomorrow. Most local leaders tell The Natchez Democrat they have lost an exact count of the […] [...]

Landry’s completes acquisition of Isle-Biloxi; plans $100M renovation

BILOXI —Fertitta Entertainment has completed the acquisition of the Isle Casino in Biloxi. Terms were not disclosed. “We’ve been looking to extend the Golden Nugget’s footprint to Biloxi for years and we’re excited to make major changes to the property and to the South, a personal interest of mine,” said Tilman J. Fertitta, sole owner, chairman […] [...]

Isle points to Isaac, low river for quarterly loss

ST. LOUIS, Mo. — Isle of Capri Casinos Inc. recorded a loss of $4.3 million during the quarter ended Oct. 28, compared to a loss of $1 million the same quarter last year. Net revenues for the quarter were $223.2 million, compared to $231.4 million the same quarter last year. Consolidated adjusted EBITDA decreased $3.2 […] [...]

Commission grants license to Magnolia Bluffs Casino

NATCHEZ — The Mississippi Gaming Commission has granted a gaming license to Magnolia Bluffs Casino. The Natchez Democrat reports the commission granted the approval yesterday during its meeting at the Natchez Grand Hotel. The casino, which is scheduled to open Dec. 21, has been nearly six years in the making. The casino first received site […] [...]

Council’s action clears way for sale of Isle Casino

BILOXI — The sale of the Isle Casino to Landry’s Golden Nugget could close at any time. The Biloxi City Council has approved reassigning leases for city land at Point Cadet to Landry’s Golden Nugget. The sale of the Isle Casino to Golden Nugget was announced in March. The casino will become the Golden Nugget […] [...]

State’s casinos see worst month since September 1998

ACROSS MISSISSIPPI — Mississippi casinos stumbled through their worst revenue month since September 1998 in October, with gamblers losing 8 percent less than in October 2011. Statewide casino revenue fell to $167.4 million, according to Mississippi Department of Revenue figures. If poor results continue, the state’s gambling halls could collect less money in 2012 than […] [...]

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