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Tag Archives: DiamondJacks

State's casinos see continued drop in winnings

ACROSS MISSISSIPPI — Month after month, Mississippi’s casinos are winning less from gamblers. Some months, such as August, see a blip, and revenue rises a little. But those are exceptions. After hitting nearly $2.9 billion in 2007, revenue fell 22 percent to $2.25 billion in 2012. And the take is on track to dip another $100 million in 2013, state ...

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DiamondJacks creditors approve bankruptcy exit for Vicksburg casino

VICKSBURG, Mississippi — Having failed in an attempt to sell the two DiamondJacks casinos to an Oklahoma Indian tribe, creditors are bringing the Bossier City, La., and Vicksburg gambling halls out of bankruptcy themselves, hiring Gulfport’s Foundation Gambling Group to try to improve operations. Creditors approved the reorganization plan in June, although an official date to exit bankruptcy hasn’t been ...

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DiamondJacks owner countersues over $6.25 million deposit

VICKSBURG — An Oklahoma Indian tribe and the bankrupt owner of two DiamondJacks casinos are suing each other over the collapse of the tribe’s plan to buy the gambling halls. Global Gaming Solutions, a unit of the Chickasaw Nation of Oklahoma, wants a federal bankruptcy judge to declare that it didn’t break its agreement to buy gambling halls in Bossier ...

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Buyer sues DiamondJacks owner to get back deposit

The Oklahoma Indian tribe that planned to buy DiamondJacks casinos in Bossier City, La., and Vicksburg is now suing to get back the $6.25 million deposit it put down on the purchase. Global Gaming Solutions, a unit of the Chickasaw Nation of Oklahoma, wants a federal bankruptcy judge to declare it didn’t break its agreement to buy the two gambling ...

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