Tag Archives: Mississippi Gaming Commission

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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With gambling revenues falling, Tunica looks for an ace in the hole

July 30, 2013

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The people of Tunica County have toiled through the worst of economic times, and basked in the bright lights of success. But their King Midas, better known as the gaming industry, is losing its touch. Recently released numbers for the first half of this year support the trend that Mississippi is on pace for one […]

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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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Vicksburg’s Ameristar will remain Ameristar when sale goes final

June 20, 2013

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In a business where property name changes are a good bet to follow ownership changes, it appears Vicksburg’s Ameristar Casino will maintain its long-standing identity when it merges with Pinnacle Entertainment later this summer. “There won’t be any name changes,” said Anthony Sanfilippo, chief executive officer of Pinnacle said following the company’s suitability and licensure […]

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Pinnacle resolves FTC complaint in purchase of Ameristar Casinos

June 17, 2013

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Ameristar Casino in Vicksburg

The sale of Ameristar Casinos to Pinnacle Entertainment is ready to move forward after Pinnacle said it has reached a tentative agreement on a complaint by the Federal Trade Commission. The sale includes Ameristar in Vicksburg, which employs 800 at its 72,210-square-foot casino and hotel. In addition to Vicksburg, Ameristar owns and operates casino facilities in St. […]

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Ameristar-Pinnacle deal slowed by FTC issues in Missouri, Louisiana

June 6, 2013

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A complaint by the Federal Trade Commission has slowed Pinnacle Entertainment’s attempt to purchase Ameristar Casinos, which includes Vicksburg’s largest casino. The stockholders of Las Vegas-based Ameristar Casinos Inc. on April 25 approved the company’s planned acquisition by Pinnacle Entertainment, which had been disclosed in December. But Pinnacle is believed to be in talks with […]

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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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Gaming Commission OKs requests at monthly meeting

May 16, 2013

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The Mississippi Gaming Commission met Thursday at the commission office, 620 North St. in Jackson, and addressed several requests. » Donald A. Colvin, CFO of Caesars Entertainment, was approved in his application for finding of suitability. » Anthony R. Tomasello, president and CEO of Advanced Gaming Associates, was approved in his application for finding of […]

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Tunica casino revenues a concern for state gaming officials

April 18, 2013

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When Gov. Phil Bryant signed a bill Tuesday creating the Mississippi Gulf Coast Regional Convention and Visitors Bureau, John Hairston saw the occasion as more than a tourism bill for three coast counties. For the chairman of the Mississippi Gaming Commission, it is both a step in reviving the Tunica County casino and a preemptive […]

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Coast casino awaits disciplinary vote at commission meeting

March 21, 2013

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The Mississippi Gaming Commission moves its March meeting to the Gulf Coast on Friday, but other than a disciplinary vote there is little on the agenda concerning South Mississippi casinos. A few routine items will be brought up at the 11 a.m. meeting at Palace Casino in Biloxi. Next month’s meeting will return to the […]

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