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Tag Archives: casinos

January revenue up by 15 percent for Gulf casinos

Floor-to-ceiling windows in each of the Scarlet Pearl’s 300 rooms offer a great view of the Back Bay, D’Iberville and Biloxi.

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

Floor-to-ceiling windows in each of the Scarlet Pearl’s 300 rooms offer a great view of the Back Bay, D’Iberville and Biloxi.

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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Mississippi coast casinos roll out best year since 2008

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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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Revenues rise in July at Mississippi casinos

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JACKSON — Strong July results from Gulf Coast casinos continue to buoy overall results at Mississippi’s gambling halls. Meanwhile, an improving trend since April among casinos along the Mississippi River hints revenue may finally stop shrinking there. State Revenue Department figures show casinos statewide won $189.6 million from gamblers in July, up 5 percent from $180.3 million in July 2014. ...

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Drop in casino revenue means tax hike likely by levee board

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CLARKSDALE — The Yazoo Mississippi Delta Levee Board has scheduled a public meeting July 9 on a proposed tax increase. Since 1996, levee board has not raised taxes. The Clarkdale Press Register reports that’s likely to change. The levee board — which is tasked with maintaining the levee system in 12 counties — got its revenue from casino rentals. The ...

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Sports betting could boost casino traffic

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By FRANK BROWN At a time when many states are looking for ways to reverse sagging casino revenues, there’s a three-judge panel in New Jersey pondering a decision that could change the gambling playing field. In the next week or two, the Third U.S. Circuit Court of Appeals is expected to rule on a New Jersey challenge of the Bradley Act, ...

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2 Gulfport men nominated to Mississippi Gaming Commission

BILOXI — Two Gulfport men could take their seats on the Mississippi Gaming Commission next week in Biloxi — if the state Senate can confirm their nominations in time. The Sun Herald reports the Gaming Commission meeting scheduled for March 19 at the Beau Rivage Resort & Casino will have to be postponed if one or both of Gov. Phil ...

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Miss. court to hear case of casino barge, Katrina damage

JACKSON — The Mississippi Supreme Court will consider whether a judge was wrong in finding that an insurance company was not liable for damage caused when the Grand Casino barge was torn from its moorings during Hurricane Katrina and smacked into a Biloxi beachfront home. The Supreme Court agreed Thursday to look at an appeal from homeowner Cherri Porter, who ...

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Hairston exiting early from Mississippi Gaming Commission

GULFPORT — Mississippi Gaming Commission member John Hairston says he will resign from regulatory board effective Jan. 31. Hairston was appointed to the Gaming Commission in 2005 and again in 2010. He made the announcement at a commission meeting Thursday. Hairston was recently named president and chief executive officer of Hancock Holding Co. and he says he is very busy. ...

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Miss. casino revenue falls on river casino weakness

JACKSON — Mississippi casino revenue fell in November, as continued weakness at casinos along the Mississippi River outweighed gains on the Gulf Coast. State Department of Revenue figures show casinos statewide won $156 million from gamblers in November, down 5 percent from $164 million in November 2013. The 12 coastal casinos won $82.8 million, up less than 1 percent from ...

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