ACROSS MISSISSIPPI — Mississippi, which has built much of its marketing for more than a decade around being the third largest gaming destination in the country, lost that title in 2009 to Indiana. The state slipped to fourth place in terms of adjusted gross revenues from commercial gaming. In 2009, [...] [...]
by Wally Northway Published: March 16,2010
Tags: casinos, cheating, gaming, law enforcement
AROUND MISSISSIPPI — Phuong Quoc Truong has been sentenced in San Diego for his role in a scheme by the “Tran Organization” to cheat casinos across the United States, including four casinos in Mississippi, Assistant Attorney General Lanny A. Breuer of the Criminal Division and U.S. Attorney Karen P. Hewitt for the Southern District of [...] [...]
by Wally Northway Published: February 26,2010
Tags: casinos, Delta, gaming, hospitality
TUNICA — A Tennessee newspaper is reporting that the Mississippi Gaming Commission has approved the site for the proposed Sportsman Casino in Tunica. According to the Commercial Appeal of Memphis, the commission gave site approval last week. The next steps for Abston-McKay Ventures will be a little tougher, including getting approval to proceed. By then, the company [...] [...]
by Associated Press Published: February 25,2010
Tags: casinos, gaming, hospitality, Mississippi Gaming Commission, Mississippi Gulf Coast
D’IBERVILLE — The Mississippi Gaming Commission has approved the site for the proposed Can Can Casino in D’Iberville. The five-acre site is east of Interstate 110 and on the Back Bay. The resort will have a 60,000-square-foot casino with 1,800 slots and 40 table games, four restaurants, a French spa, 250 hotel rooms and suites and [...] [...]
NEW ORLEANS — Louisiana’s state-licensed casinos took a big hit from the struggling economy in January, as winnings from gamblers decreased 14.6 percent from January 2009. The state’s 13 riverboat casinos won $131.2 million last month, down from $153.2 million the previous January, state police reported Tuesday. Harrah’s Entertainment Inc.’s land casino in New Orleans saw [...] [...]
by Associated Press Published: February 24,2010
Tags: entrepreneur, gaming, oil and gas
INDIANOLA — W.W. “Bill” Gresham Jr., president of Gresham Petroleum Co. in Indianola and one of three original members of the Mississippi Gaming Commission when it was created in 1993, has died in an Indianola hospital. He was 84. Officials with Boone Card Funeral Home in Indianola say Gresham died at South Sunflower Community Hospital. Funeral arrangements [...] [...]
ACROSS MISSISSIPPI — Mississippi’s state-licensed casinos reported January revenues of $193.2 million, up about $8.3 million from December. The January figures were released Monday by the Mississippi State Tax Commission. Casinos along the Mississippi Gulf Coast won $91.2 million, up $7.7 million from December. Casinos along the Mississippi River — including Tunica, [...] [...]
by Wally Northway Published: February 11,2010
Tags: air travel, casinos, Delta, gaming, hospitality, transporation, travel
TUNICA — AirTran Airways will begin service in Tunica effective May 6. This will be the first scheduled air service from a major airline to the entertainment and gaming destination. The low-cost carrier will offer roundtrip, nonstop flights on the company’s Boeing 717 aircraft between Tunica Airport and Hartsfield-Jackson Atlanta International Airport. “Tunica is one of the [...] [...]
by Associated Press Published: February 10,2010
Tags: casinos, gaming, power outage, Weather
BILOXI — Palace Casino is expected to reopen at 10 a.m. Thursday. The Sun Herald reports the parts needed to repair a primary power panel were located but delivery to the East Biloxi resort was delayed by snowstorms in the North. The power has been out since Sunday, when a short in the main power panel forced [...] [...]
by Wally Northway Published: February 8,2010
Tags: casinos, credit, debt, financing, gaming, publicly traded company
LAS VEGAS — MGM Mirage is seeking amendments to its aggregate $5.55 billion of senior credit facilities, which would extend the maturity of a substantial portion of those credit facilities from Oct. 3, 2011, to Feb. 21, 2014. The company has asked its lenders to provide their final approvals of the transaction by Feb. 24. Lenders approving [...] [...]