Mississippi Business Journal » gamblers

Caesars pulls plug on construction of unfinished casino

Associated Press — Fri, 04 May 2012 13:22:49 +0000

BILOXI — Casino operator Caesars Entertainment Corp. says it won’t continue construction of the unfinished casino on the beach in Biloxi, Miss. The company took a $167.5 million non-cash impairment charge on the project, writing off the money spent on the casino before stopping work in 2008. Caesars spokesman Gary Thompson tells the Sun Herald [...]

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Casino developers to send lease agreement with city to commission

Associated Press — Wed, 01 Feb 2012 14:03:04 +0000

NATCHEZ — Roth Hill casino developers have been asked to send a copy of their finalized lease with the city of Natchez to the gaming commission because the recently proposed lease amendment ties the lease to the funding of the casino. The Mississippi Gaming Commission deputy director Eddie Williams tells The Natchez Democrat Natchez Gaming [...]

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IP Casino lays off ‘dozens’ of workers in ‘right-sizing’

Associated Press — Fri, 27 Jan 2012 14:15:07 +0000

BILOXI — IP Casino has laid off employees at its Biloxi gambling house. General manager Jack Bernsmeier tells The Sun Herald the layoffs were modest and was “in the dozens.” Bernsmeier says the layoffs this week were across all departments. He says those workers can apply for jobs at 16 Boyd casinos in six states. [...]

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Hard Rock considering new 154-room hotel tower

Associated Press — Thu, 19 Jan 2012 18:01:23 +0000

BILOXI — Hard Rock Casino Biloxi is considering building a 12-story hotel tower that would add 154 hotel rooms. The resort presently has 317 rooms. The Sun Herald reports Hard Rock officials met yesterday with Biloxi’s Development Review Committee to show preliminary plans for a tower to be built along U.S. 90 north of the [...]

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Margaritaville Casino sets May opening date

Associated Press — Wed, 18 Jan 2012 17:50:34 +0000

BILOXI — Jimmy Buffett’s Margaritaville Casino and Restaurant is scheduled to open the week of May 20 in East Biloxi. Karen Sock, general manager of Margaritaville, made the announcement yesterday during a meeting of the Biloxi City Council. Sock says the resort will create 1,000 new jobs and open up the Point Cadet area of [...]

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Silver Slipper Casino up for sale

Associated Press — Thu, 12 Jan 2012 14:47:33 +0000

WAVELAND — The owners of Silver Slipper have put the casino on the market. Casino general manager John Ferrucci tells The Sun Herald the sale price of the casino is confidential and provided only to qualified buyers. Ferrucci says four suitors are looking at the property. He says their first order of business would be [...]

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State’s casinos see drop in winnings

Associated Press — Wed, 21 Dec 2011 19:24:54 +0000

ACROSS MISSISSIPPI — Mississippi’s casinos won $165.8 million from gamblers in November, down nearly 8 percent from $179.6 million in 2010′s same month. The 19 river casinos won $84.7 million, down 10 percent from $93.9 million in November 2010, according to Mississippi Department of Revenue figures. Winnings at the 11 Mississippi coast casinos totaled $81.1 [...]

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Lenders to foreclose on two Tunica casinos

Associated Press — Wed, 16 Nov 2011 18:16:49 +0000

TUNICA — ACH, the Atlantic City casino long considered to be at the greatest risk of having to close, can breathe a bit easier. New Jersey casino regulators today approved a plan to keep the struggling casino open and save the jobs of nearly 2,000 workers. “The company, quite frankly, was running out of cash,” [...]

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