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Tag Archives: casino

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 ...

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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 ...

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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 ...

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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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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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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 ...

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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 ...

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Island View’s $58 million Beach Tower makes its debut

GULFPORT — A $58 million transformation of the beachfront tower at Island View Casino has turned the 18-story building into a hotel and conference center with a South Beach vibe and amenities that make it a luxury beach resort. The Sun Herald reports the new project gets its wow factor from the 405 rooms and suites that all have a ...

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Former Biloxi casino to be redeveloped as resort, water park

BILOXI — A former Biloxi casino damaged in Hurricane Katrina will be redeveloped as a resort and water park. The Sun Herald reports the developers have begun to reinvent the Casino Magic tower in east Biloxi. The casino has been closed since Hurricane Katrina severely damaged the site in 2005. Developers told the Biloxi City Council Tuesday the resort will ...

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Former Biloxi casino employee charged with embezzlement

BILOXI — Police say a former employee at the Imperial Palace Casino has been arrested after casino representatives accused her of embezzling casino funds. Biloxi Police Investigator Grandver Everett tells The Sun Herald a casino representative called police on Oct. 15, 2014, about Brittany Nicole Blackwelder allegedly embezzling money. Everett says an investigation revealed Blackwelder developed a process that gave ...

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