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Austin developer preparing unsolicited proposal for Jackson convention center hotel

JACKSON, Mississippi — Tampa’s Robinson Callen Development may soon have company in a quest to build a convention center hotel in Jackson. While Robinson Callen has a head start with its unsolicited $60 million proposal having received an official blessing from the Jackson Redevelopment Authority’s Board of Commissioners on June 25, Austin, Texas, hotel developer Journeyman Austin wants to submit ...

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OUR VIEW: Running blind into a convention hotel deal

Robinson Callen Development’s proposal for a long-awaited convention hotel in Jackson just may be the “dream come true” that many local officials say it is. But like most dreams, this one is unfolding in a chaotic fashion and offering up more than a few unanswered questions. First, why is the $60 million deal moving at the speed of light with ...

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Ameristar merger boosts analyst's rating of Pinnacle

NEW YORK — An RBC Capital Markets analyst raised his rating and price target for Pinnacle Entertainment Inc. on Thursday, saying its pending acquisition of Ameristar Casinos Inc. should help its business in multiple ways. THE SPARK: The analyst John Kempf lifted Pinnacle to “Outperform” from “Sector Perform” and boosted its price target to $24 from $18. THE BACKGROUND: Pinnacle ...

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FRANK BROWN: Location key to Biloxi baseball success

It’s a 10-mile drive every morning from my suburban home to the MBJ office in downtown Jackson. On a good day, it takes no more than 20 minutes. On a bad day, well… Along the way, there are obstacles — road construction, potholes, railroad tracks that are sometimes occupied, distracting tailgaters and cars. And more cars. And trucks. Small trucks. ...

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Redevelopment Authority gives Jackson convention hotel deal thumbs up

JACKSON, Mississippi — The Jackson Redevelopment Authority Wednesday unanimous approved a trade agreement with a Tampa hotel management and development company that wants to build a $60 million convention center hotel here. Robinson Callen Develoment says it is eager to move ahead with the 330-room hotel and wants to break ground within six months. The saving grace of this project, ...

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Mississippi's May casino revenues offer economic encouragement

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 year-over-year increase in two years. ...

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Vicksburg's Ameristar will remain Ameristar when sale goes final

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 hearing Thursday at the Mississippi ...

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