Posts Tagged ‘gambling’

South’s oldest casino to reopen as Golden Nugget

BILOXI — Although its hotel is still in the middle of a $100 million makeover, the oldest casino in the South will reopen at 1 p.m. Friday with a new look as the Golden Nugget Casino Biloxi. Changes range from new windows and fewer walls to new carpet and new nametags, The Sun Herald reported. […] [...]

With tar balls still common, some question end of oil spill cleanup

GULF OF MEXICO — Finding tar balls linked to the BP oil spill isn’t difficult on some Gulf Coast beaches, but the company and the government say it isn’t common enough to keep sending out the crews that patrolled the sand for three years in Alabama, Florida and Mississippi. Tourist John Henson of Atlanta disagrees, […] [...]

Diamondhead exploring zoning change to allow for casino

DIAMONDHEAD — The Diamondhead Planning Commission will hold a meeting later this month to consider a zoning change to allow a casino at the site of the old Harbor House property. City manager Richard Rose tells The Sun Herald the meeting will be on June 26 at City Hall. The planning commission will hear from […] [...]

Lawyers have guided state’s casino industry since the beginning

by Lisa Monti Published: June 7,2013

Tags: attorneys, Baker Donelson, casino industry, gambling, gaming, gaming law

Gutsy casino entrepreneurs helped launch Mississippi into the gaming business more than 20 years, and today a new breed of entrepreneurs are buying up properties for their portfolios. One constant in the casino market’s maturation process: lawyers. At the beginning, there were regulations to learn and transactions to clear for brand new clients. Now firms […] [...]

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 […] [...]

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 […] [...]

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 […] [...]

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 […] [...]

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