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Tag Archives: casinos

Mississippi casino revenues on pace for 15-year low (adds comment)

JACKSON, Mississippi – Mississippi casinos could be headed to a 15-year low in gross gaming revenues, if the trend from the first four months continues the rest of the year. April figures released by the Mississippi Gaming Commission this week show another month of revenue decreases as casinos attempt to reverse the trend of out-of-state gamblers staying out of state. ...

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Casinos on the watch for thieves, cheats and scams

The side of a casino operation familiar to most people is the one that aims to keep customers playing, entertained and well fed. On the other, less visible side is a full out effort to protect the casino’s bottom line by catching cheaters and fighting against fraud. Panelists at last week’s Southern Gaming Summit session titled “Thieves, cheats and scams” ...

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Social media marketing allows casinos to give, take

You can be sure the casino industry knows a good bet when it sees one. And perhaps the most valuable tool to help revive a sluggish gaming industry in Mississippi is marketing through social media. “We look at social media, and there are a lot of different ways to approach it,” Brian Best, corporate president of e-commerce at Boyd Gaming, ...

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Mississippi stops slide in casino revenues – sort of

Mississippi casinos have halted their four-year slide in annual gross gaming revenues — or have they? In records released recently by the Mississippi Department of Revenue, gaming revenue in 2012 showed an increase of $12 million over 2011. That stopped a streak of four consecutive years where gaming revenues dropped by an average of about $160 million per year. >> ...

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Mississippi stops slide in casino revenues – sort of

Mississippi casinos have halted their four-year slide in annual gross gaming revenues — or have they? In records released recently by the Mississippi Department of Revenue, gaming revenue in 2012 showed an increase of $12 million over 2011. That stopped a streak of four consecutive years where gaming revenues dropped by an average of about $160 million per year. “Yes, ...

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20 YEARS OF CASINOS — How gaming has matured in Mississippi

When the state’s first casinos opened in 1992, no one was sure what gambling’s impact would be — good or bad. Proponents held high hopes for its economic potential. Opponents feared the downside for residents and their communities. In 20 years since that uncertain first roll of the dice, the numbers tell the story. The 30 commercial casinos on the ...

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Silver Slipper's new owners say they need new hotel

BAY ST. LOUIS — The new owners of the Silver Slipper Casino in Hancock County have told county officials that construction of a new hotel is a priority. In April, Las Vegas-based Full House Resorts purchased the Slipper for $70 million in a cash and financing deal. The Silver Slipper is one of the few Mississippi casinos without a hotel. ...

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Isle of Capri rebranding Rainbow Casino as Lady Luck

VICKSBURG — The Rainbow Casino in Vicksburg will take on the name Lady Luck Casino next year. The Vicksburg Post reports the information was contained in the quarterly financial report by Isles of Capri Casinos Inc. It will be the fifth Lady Luck facility for the St. Louis-based gaming and entertainment company. The change will take effect by the end ...

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Commission gives nod to plans for Golden Nugget casino resort

BILOXI — The Biloxi Planning Commission has approved the $150 million renovation plans for Golden Nugget Biloxi casino resort. The Sun Herald reports the proposal now goes to the city council. Officials say the sale of the Isle Casino to Landry’s Golden Nugget is expected by August but the property won’t be re-branded until all the construction and renovation are ...

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Coast casinos up, riverboats down in April

ACROSS MISSISSIPPI — Revenue for Mississippi Coast casinos was up in April, but the take at river casinos dropped, depressing the overall revenue at the state’s gambling halls. The state’s casinos won 1.2 percent less money, with revenues falling to $187 million last month from $189.3 million in April 2011. Casinos in the Gulf Coast market’s revenue rose 6.8 percent, ...

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