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March Mississippi casino revenue dips as coast gambling lags

Dipping Gulf Coast casino revenue dragged down Mississippi’s statewide gambling totals in March. Figures released last week by the state Revenue Department show casinos won $188 million in March, down 5 percent from $198 million in March 2015. Gamblers lost $103 million at the 12 coastal casinos, 4 percent less than last March. It’s only the third decline for coastal ...

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Casino properties add amenities to stay competitive in tourism industry

By LISA MONTI In its latest annual report on the state’s casino industry, officials with the Mississippi Gaming and Hospitality Association acknowledged the good and the bad for state casinos during 2015. The industry “drives tens of millions of visitors to our state each year, generating hundreds of millions of dollars in tax revenue for our state, employs thousands of great ...

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Gulf Coast casinos power Mississippi’s February revenue gain

Booming Gulf Coast casino revenues continue to buoy Mississippi’s statewide totals. Figures from the state Revenue Department show casinos won $190 million in February, up 5 percent from $181 million in February 2015. Gamblers lost $105 million at the 12 coastal casinos, 10 percent more than last February. Strong performance has continued through December’s opening of D’Iberville’s Scarlet Pearl casino. ...

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Name, brand, upgrades at Vicksburg casino

Foundation Gaming Group, LLC has announced that it will rebrand its recently acquired DiamondJacks Casino and Hotel in Vicksburg as WaterView Casino and Hotel. The new brand pulls from the property’s location along the bend of the Mississippi River. The changes being made to the property to reflect the WaterView brand are planned to include: Updating the property with a ...

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Proposed Waveland annexation would include Silver Slipper

WAVELAND — The city of Waveland will file a petition in Hancock County Chancery Court seeking to annex parts of Clermont Harbor and Lakeshore, including the properties where the Silver Slipper Casino and Bayou Caddy Fishery are located. The petition will be filed Wednesday. Earlier this month, the Waveland Board of Aldermen voted to amend a city ordinance, which defines the ...

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January revenue up by 15 percent for Gulf casinos

BILOXI — January revenue of $100.5 million for Mississippi’s 12 Gulf Coast casinos is $13 million higher than the $87.3 million posted in January of last year. That is a 15 percent increase. In a report on the latest figures in The Sun Herald, a local hospitality industry spokesman says the Scarlet Pearl, a new casino in D’Iberville, helped grow ...

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D’Iberville gets its first share of Scarlet Pearl revenue

D’IBERVILLE — After more than 20 years of waiting for a casino in the city, D’Iberville got its first payment from casino revenue. City officials told The Sun Herald Tuesday the Scarlet Pearl Casino opened Dec. 9 and its first month’s gross casino revenue was $8.4 million. The local tax is 3.2 percent, or $270,000. Sharron Perkins, the city’s comptroller, ...

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Casino deal no sure bet for Gulfport Harbor

GULFPORT — The latest casino plan for the Biloxi’s harbor is far from a done deal. The Sun Herald reports the developers — Virginia attorney Robert Lubin and Kentucky casino-company owner Kevin Preston — still have to raise the money to build the casino. Lubin and Preston also must satisfy Mississippi Gaming Commission demands that any casino built in the state ...

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Mississippi coast casinos roll out best year since 2008

D’IBERVILLE — The Dec. 9 opening of Scarlet Pearl Casino in D’Iberville helped push the Mississippi coast casinos to $1.14 billion in gross casino revenue for the year, squeaking revenue past the 2009 total of $1.11 billion. It was a 6 percent annual improvement over the $1.08 billion won in 2014. That’s according to a report Wednesday from the state ...

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Biloxi casinos, businesses will pay more for utilities

BILOXI — Proposed water and sewer rates for casinos and other top users in the city will jump 54 percent over the next five years under a plan proposed by Mayor Andrew “FoFo” Gilich. The Sun Herald reports rates for seniors and the 89 percent of customers who use less than 8,000 gallons of water a month will stay where ...

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