Home » Tag Archives: casino

Tag Archives: casino

Company closing second casino in Mississippi’s Tunica County

Caesars Entertainment will close a second casino in Mississippi’s Tunica County, as the region’s years-long decline in gambling revenues continues to weigh on business. The Las Vegas-based casino behemoth announced Tuesday that it will close the Tunica Roadhouse Casino at the end of January, citing “persistent declines in business levels in the area stemming from increased competition.” The move will ...

Read More »

Group asks Arkansas court to strike casinos ballot measure

A group asked Arkansas’ highest court on Monday to disqualify a ballot measure that would legalize four casinos in the state, claiming the proposal’s wording is ambiguous and misleading to voters. The group, Ensuring Arkansas’ Future, asked the state Supreme Court to not cast any votes on the proposed constitutional amendment that election officials approved last week for the November ...

Read More »

Choctaw set Nov. 17 vote on new Mississippi casino.

The Choctaw tribe has set a Nov. 17 vote on whether to build its fourth Mississippi casino. The Clarion-Ledger reports that if the measure is approved by the 10,000-member tribe, the casino would be built in the Red Water community in Leake County. Two casinos, Silver Star and Golden Moon, are in Choctaw in Neshoba County. A third is in Bok ...

Read More »

Penn National Gaming to buy 2 Tunica County casinos for $44M

Bally’s Casino Tunica and Resorts Casino Tunica are changing hands. Penn National Gaming of Wyomissing, Pennsylvania, said Tuesday that it will pay $44 million to buy the two Mississippi gambling halls, which had been handed over to creditors after bankruptcy. The company already owns three Mississippi casinos, including Hollywood Casino Tunica. Penn National CEO Timothy Wilmott says it will centrally ...

Read More »

Mississippi panel could rule on 2 proposed casino sites

GULFPORT, Miss. (AP) — The mayor of Gulfport is asking regulators to block two proposed casino sites on the Mississippi Gulf Coast. The Sun Herald reports the state Gaming Commission is expected to rule on the site requests Thursday. The commission in 2008 denied an application from RW Development for a Biloxi site. In 2014, it denied Jacobs Entertainment application ...

Read More »

November Mississippi casino revenue dips after October rise

Mississippi casinos saw revenue fall in November, with gamblers losing 4 percent less statewide. Figures released by the state Revenue Department show casinos won $155 million in November, down from $161 million in 2015’s same month. Gamblers lost $88 million at the 12 coastal casinos — 4 percent less than last November. It’s only the sixth decrease for coastal casinos ...

Read More »

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 ...

Read More »

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 ...

Read More »

Connecticut tribe among partners in $265M Mississippi casino

A Connecticut Indian tribe will contribute $2 million toward the construction of a projected $265 million casino on Mississippi’s Gulf Coast and operate it once it’s built. Developers of the Biloxi casino hope the entry of the Mashantucket Pequot tribe into what will now be called the Foxwoods Resort Casino at Biloxi Pointe will entice other investors as well as ...

Read More »

Empty casino, warehouse part of military exercise in Biloxi

BILOXI — The former Margaritaville Casino and an empty warehouse in East Biloxi will be used by special forces for military training Aug. 1-8. The Sun Herald reports the city council this past week approved the training exercise that will occur over several nights on air, ground and water. Naval Special Warfare Command Group 2, which is listed on the ...

Read More »