Tag Archives: casinos

Mississippi casino revenues hit lowest yearly mark since 1997

January 22, 2014

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Last year was the weakest gaming revenue year for Mississippi casinos since 1997, according to numbers released today by the Mississippi Gaming Commission. In 2013, the 30 Mississippi casinos collected $2.136 billion in gross gaming revenue, which is money leftover after players’ winnings are subtracted from wagers. That’s the lowest since 1997 when 24 casinos […]

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Will Tunica casinos feel squeeze from Southland Park $34.7 million expansion?

January 17, 2014

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The slumping casino industry in Tunica County may be about to take another hit. Southland Park Gaming & Racing in West Memphis, Ark., a major competitor for gaming dollars in Memphis area, is planning a $37.4 million expansion and redesign of its operation. The expansion will add a new 41,000-square-foot building which will house up […]

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State Port at Gulfport, Island View Casino sign 10-year lease

October 17, 2013

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Rick Carter and Terry Green, co-owners of Island View Casino Resort in Gulfport, have extended their lease with the Mississippi State Port Authority to expand Island View’s hotel operations and add amenities. Carter and Green already announced a multimillion dollar renovation of their hotel property on the south side of U.S. 90. They plan to […]

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UPDATE: Supervisors want Corps to fix new seawall in Bay St. Louis

July 26, 2013

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BAY ST. LOUIS The Army Corps of Engineers said Friday they’re working to fix the drainage problem on the north end of the Bay St. Louis seawall near the U.S. 90 bridge. Spokesman Pat Robbins said that sand is clogging up drainage and once it is removed, “engineers will try to develop a solution we […]

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Mississippi’s May casino revenues offer economic encouragement

June 21, 2013

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For those who judge casino spending as an indicator of increased leisure spending and economic recovery, May was a good month. Just 30 days after one of the worst casino revenue months in the last 15 years, an abrupt reversal by the state’s Gulf Coast casinos in May have sparked Mississippi casinos to their first […]

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Casinos ban gamblers from using Google Glass

June 5, 2013

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Casinos in Mississippi, New Jersey and Nevada are among those forbidding gamblers from wearing Google Glass, the tiny eyeglasses-mounted device capable of shooting photos, filming video and surfing the Internet. Regulators say the devices could be used to cheat at card games. “Any cheating device is illegal,” said Allen Godfrey of the Mississippi Gaming Commission. […]

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Mississippi casino revenues on pace for 15-year low (adds comment)

May 21, 2013

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JACKSON, Mississippi – Mississippi casinos could be headed to a 15-year low in gross gaming revenues, if the trend from the first four months continues the rest of the year. April figures released by the Mississippi Gaming Commission this week show another month of revenue decreases as casinos attempt to reverse the trend of out-of-state […]

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Mississippi stops slide in casino revenues – sort of

January 30, 2013

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Mississippi casinos have halted their four-year slide in annual gross gaming revenues — or have they? In records released recently by the Mississippi Department of Revenue, gaming revenue in 2012 showed an increase of $12 million over 2011. That stopped a streak of four consecutive years where gaming revenues dropped by an average of about […]

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