Posts Tagged ‘gaming’

Hairston exiting early from Mississippi Gaming Commission

by Published: January 15,2015

Tags: Business, casinos, gaming, John Hairston, Mississippi, NEWS, Wally Carter

GULFPORT — Mississippi Gaming Commission member John Hairston says he will resign from regulatory board effective Jan. 31. Hairston was appointed to the Gaming Commission in 2005 and again in 2010. He made the announcement at a commission meeting Thursday. Hairston was recently named president and chief executive officer of Hancock Holding Co. and he […] [...]

Miss. casino revenue falls on river casino weakness

JACKSON — Mississippi casino revenue fell in November, as continued weakness at casinos along the Mississippi River outweighed gains on the Gulf Coast. State Department of Revenue figures show casinos statewide won $156 million from gamblers in November, down 5 percent from $164 million in November 2013. The 12 coastal casinos won $82.8 million, up […] [...]

Isle Of Capri Casinos, Inc. announces fiscal 2015 second quarter results

by Published: December 2,2014

Tags: Business, casinos, gaming, Gulf Coast, Mississippi, NEWS

ST. LOUIS — Isle of Capri Casinos, Inc. (NASDAQ: ISLE) (the “Company”) today reported financial results for the second quarter of fiscal year 2015 ended October 26, 2014 and other Company-related news. Virginia McDowell, the Company’s president and chief executive officer, commented, “Approximately a year ago, we undertook a comprehensive review of our business practices and implemented bold changes to […] [...]

State’s casinos took in more winnings in October

ACROSS MISSISSIPPI — A strong performance by Mississippi’s Gulf Coast casinos boosted gambling revenue to $167 million in October. The figure bested the $165.5 million lost by gamblers in October 2013. The 11 casinos in South Mississippi showed 9 percent jump in revenue — despite the closing of the Margaritaville Casino in Biloxi. Mississippi Department […] [...]

Full House marks ‘topping off’ of new Silver Slipper hotel

BAY ST. LOUIS — Full House Resorts is celebrating the “topping off” of its new 142-room hotel at the company’s Silver Slipper Casino property in Bay St. Louis. Community leaders, employees and investors have been invited to attend a special ceremony on-site at the property. Andre Hilliou, chairman and CEO of Full House, said, “We […] [...]

Board authorizes sale of company that owns Silver Slipper Casino

BAY ST. LOUIS — The board of directors of Full House Resorts Inc., which owns the Silver Slipper Casino in Bay St. Louis, has authorized management to initiate a process for the sale of the company. After its evaluation of strategic alternatives, the Las Vegas-based company said the board determined that pursuing a sale of […] [...]

State’s casinos saw another fall in revenue in August

ACROSS MISSISSIPPI — Mississippi casino revenue fell in August, with performance continuing to diverge between coastal and river regions. State Department of Revenue figures show casinos statewide won $175 million from gamblers in August, down 2 percent from $179 million in August 2013. The 12 coastal casinos won $94.1 million, up 5 percent from August […] [...]

Margaritaville owner files for bankruptcy before landlord hearing

BILOXI — The owner of Biloxi’s Margaritaville casino filed for Chapter 11 bankruptcy protection yesterday, only hours before a hearing where the landlord aimed to seize the property. The filing by MVB Holding LLC in U.S. Bankruptcy Court in Gulfport follows the casino’s shutdown on Monday night. Don Dornan, a lawyer for landlord Clay Point, […] [...]

City trying to determine who has authority to spend gaming money

NATCHEZ — It is not clear which group in Natchez will have final say over how to spend $250,000 in annual payments a casino makes to the city. It could be the elected aldermen. Or, it could be a new seven-member group that aldermen created this week, the Community Development Board. Mayor Butch Brown serves […] [...]

Isle of Capri reports decreased in-state revenues; experiencing ‘market pressures’

AROUND MISSISSIPPI — Isle of Capri Casinos Inc. has released financial results for the first quarter of fiscal year 2015. Company-wide, net revenue for the quarter was $241.6 million, compared to $238.0 million in the prior year quarter, and consolidated adjusted EBITDA was $43.7 million, compared to $41.9 million in the same quarter of the […] [...]

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