by Associated Press Published: March 8,2012
Tags: alcohol, bill, Dining, hotels, law, lawmakers, legislation, legislative, legislators, liquor, restaurants, state government, state law, tourism, tourists, visitors
JACKSON — The Mississippi House has passed a bill to let mid-sized municipalities in dry counties decide if they wish to allow sales of liquor by the glass at restaurants and hotels. Voters in municipalities with at least 5,000 people would be allowed petition for a vote on the issue. At least 20 percent of [...] [...]
by Associated Press Published: March 7,2012
Tags: casinos, Conventions, entertainment, financing, gambling, gaming, hospitality, hotels, lodging, meetings, municipal government, retaurants, tourism, tourists, visitors
D’IBERVILLE — The D’Iberville City Council has approved development plans for the CanCan Casino and up to $24 million in tax-increment financing bonds to help cover costs of the infrastructure. The Sun Herald reports Chris Gouras, the city’s public finance consultant, outlined the plan and explained how the TIF work yesterday. Gouras said phase one [...] [...]
by Associated Press Published: March 6,2012
Tags: acquisitions, casinos, Conventions, entertainment, gambling, gaming, hospitality, hotels, lodging, meetings, mergers, Renovations, restaurants, tourism, tourists, visitors
BILOXI — The chairman of the Golden Nugget says his company plans to invest $150 million in renovations when the sale of Isle Casino Biloxi is finalized this summer. Tilman Fertitta tells The Sun Herald every square foot of the casino will be touched. Fertitta said the jobs of the 750 Isle employees are safe [...] [...]
by Associated Press Published: March 5,2012
Tags: acquisitionas, casinos, Conventions, gambling, gaming, hospitality, hotels, lodging, meetings, mergers, restaurants, tourism, tourists, visitors
BILOXI — Isle of Capri Casinos,Inc. has entered into a definitive purchase agreement with Golden Nugget Biloxi Inc., a wholly owned subsidiary of Landry’s Inc., to sell its Isle Casino Hotel in Biloxi. Under the terms of the agreement, Golden Nugget Biloxi has agreed to pay Isle of Capri Casinos approximately $45 million. The transaction [...] [...]
by Associated Press Published: March 1,2012
Tags: banking, Banks, casinos, Conventions, debt, entertainment, finance, financial institution, gambling, gaming, hospitality, hotels, lodging, meetings, refinancing, resort, restaurants, tourism, tourists, visitors
CHOCTAW — The Mississippi Band of Choctaw Indians has signed a debt refinancing agreement for the Pearl River Resort in Neshoba County and the Bok Homa Casino in Jones County. The new loan is for $78 million at a 6 percent variable rate for five years. The agreement was signed yesterday by Chief Phyliss J. [...] [...]
by Associated Press Published: February 28,2012
Tags: casinos, Conventions, disaster, energy, environment, explosion, gambling, gaming, gas, habitat, hospitaslity, hotels, lodging, meetings, offshore drilling, Oil, oil rig, oil spill, petroleum, restaurants, seafood, state agency, state government, tourism, tourists, visitors, wildlife
GULF OF MEXICO — Regulations governing offshore seismic surveying and offshore mineral leasing are expected to go into effect in mid-March. The Mississippi Press reports the final draft of the rules has been sent to Secretary of State Delbert Hosemann’s office, where it must sit for 30 days before becoming active. Coastal leaders continue to [...] [...]
by MBJ Staff Published: February 27,2012
Tags: attractions, economic impact, hospitality, hotels, lodging, motels, museums, parks, restaurants, revenues, sales taxes, taxes, tourism, tourists, visitors
ACROSS MISSISSIPPI — Tourism in Mississippi generated expenditures of $5.97 billion from 20.8 million visitors in fiscal year 2011 (July 2010-July 2011), according to figures released by the Tourism division of the Mississippi Development Authority. During that same period, tourism contributed $438.4 million to the state’s tax coffers. These and other figures are available in [...] [...]
by MBJ Staff Published: February 24,2012
Tags: casinos, Conventions, entertainment, food, gambling, gaming, hospitality, hotels, lodging, meetings, restaurants, tourism, tourists, visitors
ACROSS MISSISSIPPI — Six lodgings and five restaurants currently hold Four Diamond Award status statewide from AAA, according to AAA Mississippi. AAA-approved lodgings and restaurants are assigned a rating of one to five diamonds. Lodgings and restaurants in Mississippi receiving the 2012 AAA Four Diamond Rating include: Beau Rivage Resort and Casino, Hard Rock Hotel [...] [...]
by Associated Press Published: February 22,2012
Tags: casinos, Conventions, entertainment, gambling, gaming, hospitality, hotels, lodging, meetings, retaurants, revenues, tourism, tourists, visitors
ACROSS MISSISSIPPI — Revenue figures show the new year got off to a slower-than-average start for Mississippi casinos. January’s $87.8 million revenue at the 11 coast casinos was down $10 million from a year ago, according to Mississippi Department of Revenue figures. The decline was about $3 million at the 19 riverside casinos, to $89.2 [...] [...]
by Associated Press Published: February 20,2012
Tags: boating, condominiums, hospitality, hotels, island, lodging, municipal government, outdoors, real estate, residences, residential real estate, restaurants, tourism, tourists, vacations, visitors
BILOXI — The Biloxi Planning Commission has rejected a proposed development on the west end of Deer Island. The Sun Herald reports the commission recommended denial of a zoning change. The issue next goes to the Biloxi City Council for a decision. Larry Mitrenga has proposed the Oasis at Deer Island. Mitrenga has described the [...] [...]