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Developers of Gulfport Harbor casino want lower rent

The developers of a proposed harbor casino don’t want to pay their full rent of $80,000 a month. The Sun Herald reports Mississippi Coast Entertainment LP will request a rent reduction to $40,000 for August and September. Steve Hendrix, attorney for property owner Gulfport Redevelopment Commission, says the city council is expected to consider the request Tuesday. Virginia attorney Robert ...

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New Gulfport Harbor casino could be delayed

Developers of a Gulfport Harbor casino want to delay by two months the timeline they told city officials they would meet for final Gaming Commission approval and the start of construction. The Sun Herald reports the Gulfport Redevelopment Commission, which owns a portion of the harbor property where the casino would be built, will consider the request at a meeting ...

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Biloxi: Casino rent belongs in our pockets

Biloxi city attorneys have argued that more than $1 million of casino rent money that was put into the state’s general fund defies a court settlement that mandates the money be paid to the city. The Sun Herald reports city representatives squared off against an attorney for the Secretary of State’s office during a court hearing in Hancock County Chancery ...

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City of Biloxi takes state to court over rent payment

Attorneys for the city of Biloxi are headed to court trying to collect more than $1 million owed to the city in rent paid by the Golden Nugget Casino Biloxi and inadvertently swept into the general fund by the state Legislature last year. The Sun Herald reports Thursday’s hearing will be before Judge Jennifer Schloegel. Biloxi, the Secretary of State, ...

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Gulfport casino developers get site approval

Site approval for a proposed casino at the Gulfport Harbor now is in the name of Gulfport Gaming Development. Allen Godfrey, executive director of the Gaming Commission, tells The Sun Herald the company went before the Mississippi Gaming Commission on Thursday in Jackson and was granted site approval. The request for site approval was pulled off the agenda in July ...

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Sports betting could keep casino revenue rolling in Miss.

The president of the American Gaming Association says while casino revenue has leveled off in Mississippi and other states, sports betting could be that new amenity consumers want, which will keep tax money rolling in. Geoff Freeman, speaking in Biloxi on Wednesday, said fantasy sports really kicked off the conversation of sports betting nationwide. The Sun Herald reports the AGA ...

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Casino revenue rises in all regions across Mississippi

Casino revenue continued to grow statewide in Mississippi in June, with gamblers losing more at casinos along the Mississippi River and the Gulf Coast. Figures released this week by the state Revenue Department show casinos won $175 million in June, up 1.4 percent from $173 million in June 2015. Revenue at the 16 Mississippi River casinos rose 2 percent from ...

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Casino makes key changes

Golden Nugget Hotel & Casino in Biloxi recently announced three executive changes. John Guy was promoted to Assistant General Manager. He previously served as the Vice President & Chief Financial Officer of Golden Nugget Biloxi. He is a native of Bay St. Louis and a graduate of the University of Southern Mississippi with a BSBA degree in Accounting. He has ...

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Los Angeles group buys Bossier City casino after bankruptcy

BOSSIER CITY, La. — A Los Angeles investment group is buying DiamondJacks Casino in Bossier City. Peninsula Pacific announced the purchase Wednesday, disclosing no price. The casino had been owned by creditors since emerging from bankruptcy in 2013. Faced with recovering little of the $300 million owed if they liquidated Louisiana and Mississippi casinos, creditors kept running them. Peninsula Pacific’s ...

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Gulfport City Council strikes harbor casino deal

The Gulfport City Council has unanimously approved a 60-year lease for a harbor casino that would be developed by partners who run a casino and hotel in Natchez. The Sun Herald reports one of the partners, Virginia attorney Robert Lubin, also has extended a contract with a private owner to buy the rundown Markham Building downtown by June 30. His ...

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