Tag Archives: gaming

Revenue figures show struggles of casinos, especially along river

May 21, 2014

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The April revenue figures for the state’s casinos back up what the Mississippi Business Journal reported last week from the Southern Gaming Summit — Coast casinos are hanging on while riverboats continue to bleed. Mississippi Department of Revenue figures show casinos statewide won $164 million from gamblers in April, down 6 percent from April 2013. […]

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Winter weather put a damper on Silver Slipper, Full House casinos

May 14, 2014

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Full House Resorts, the Las Vegas company that owns Silver Slipper Casino, announced quarterly results this morning and said it had a net loss of $1.1 million for the first quarter (January-March), compared to net income of $0.6 million for the prior first quarter. At its Silver Slipper Casino in Hancock County, the company said […]

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Delta casino to close; laying off as many as 1,300 workers

March 27, 2014

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While there have been plenty figures released of late showing how the state’s casinos are struggling, there is now tangible proof as the largest casino in the Mississippi Delta has announced it will close. Caesars Entertainment will shutter its Harrah’s casino in Tunica on June 2, laying off as many as 1,300 workers. Las Vegas-based […]

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Region still struggling with ice and snow; death toll grows

January 30, 2014

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South Mississippi residents and businesses continue to be impacted by ice and snow, and the death toll has grown. Mississippi authorities say the deaths of five people have been linked to this week’s winter storm. The latest came yesterday when a vehicle struck the back of a stalled tractor-trailer in Smith County, killing one of […]

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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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Casino revenue up, but gaming along river remains depressed

September 23, 2013

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It has been an easy year so far for the state’s casinos, but there is finally some good news, at least for venues on the Coast. Mississippi Department of Revenue figures show casinos took in about $179.1 million in August, compared to about $178.4 million a year ago, according to The Associated Press. The 12 […]

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Casino taking gamble — proposes to move gaming inland in Port City

September 18, 2013

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Talk about your radical ideas. A group is proposing to move the gaming operations of Greenville’s Trop Casino inland, and in its place add a new restaurant and create an outdoor entertainment area that is family-friendly. More surprising still, the proposal is from the casino itself. Trop Casino in Greenville, along with its parent, Las […]

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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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Casino survey reveals national, Mississippi data

May 6, 2013

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The American Gaming Association has compiled its annual “State of the States” report and survey, which shows that gaming nationally continues to grow and is almost back to its 2007 pace. And while Mississippi is struggling a bit in the face of increased competition, the state continues to be a major player in the industry. […]

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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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