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Tag Archives: gamble

Trustees of bankrupt casino want to auction off boat, inventory

VICKSBURG — The trustee in the bankruptcy liquidation case of a closed Vicksburg casino boat has requested that the vessel and some of its inventory be auctioned. The Vicksburg Post reports creditors of the closed Grand Station Casino will go before a court-appointed trustee on April 5 as the case proceeds. Trustee Stephen Smith continued a creditors’ meeting set Friday ...

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City councilman calls unfinished casino 'eyesore'

BILOXI — The city of Biloxi is seeking authority from the Legislature to deal with blighted commercial property. Its target is Caesars Entertainment’s unfinished casino on the beach on U.S. Highway 90. The city had authority until last September when a law expired to clean commercial buildings and multi-family housing complexes damaged by Hurricane Katrina in 2005. Harrah’s Entertainment, now ...

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Officials concerned over depleted casino fund reserves

GREENVILLE — The city of Greenville has about $12,000 remaining from the $1.6 million in casino revenue budgeted this fiscal year. The Delta Democrat Times reports that in previous years the city used other tax revenue or borrowed money for day-to-day operations and various repairs. For the fiscal year that began Oct. 1, 2012, the city decided to use $1.6 ...

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Choctaws' gaming revenue growth second-fastest in U.S.

PHILADELPHIA — Indian casinos brushed off weak consumer spending in a sluggish U.S. economic recovery to post a modest increase in revenue in 2011, an industry study reported Wednesday. Not only did revenue rise 3 percent, to $27.4 billion, but Indian casinos are holding on to their share of total casino gambling revenue, competing closely with commercial casinos, according to ...

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County appeals decision to give casino tax money to city

CLARKSDALE — Coahoma County has appealed a judge’s order that it return to the city of Clarksdale about $62,000 collected in casino taxes. The Clarksdale Press Register reports the county filed the appeal Feb. 15, asking Circuit Judge Johnnie Walls to reverse his decision. In court documents, county attorney Tom Ross argues that Walls ruled not on a county action ...

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Commission approves new rules for casino construction

JACKSON — Mississippi Gaming Commission has approved a new rule that would require new casinos to be sturdier and with larger gambling space larger and restaurants and hotels. The new regulations approved today would raise the required number of hotel rooms from 250 to 300 and hotel quality to a three-diamond. New casino resorts would have to have a 40,000-square-foot ...

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Trial date set for casino's tax-protest hearing

VICKSBURG — Ameristar Casino’s protests over Warren County property tax levies for 2012 and 2013 will be heard Oct. 14 in Warren County Circuit Court. The Vicksburg Post reports the separate lawsuits filed by the casino have been combined by Circuit Judge M. James Chaney. The Ameristar claims in the most recent of the two cases, filed Jan. 4, that ...

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Casino chooses local firm for data protection/recovery

BRANDON and BILOXI — The Solutions TEAM, a Brandon-based IT services outsourcing and cloud-based data protection solutions provider, has been selected by Treasure Bay Casino and Hotel in Biloxi to provide cloud-based data protection and disaster recovery solutions and services. “After a thorough analysis of all available alternatives, including software and online backup solutions, we believe The Solutions TEAM and ...

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Tribe decides against buying bankrupt casinos

VICKSBURG — An Oklahoma Indian tribe is no longer planning to spend $125 million to buy the bankrupt DiamondJacks casinos in Bossier City, La., and Vicksburg from Legends Gaming. Global Gaming Solutions, a unit of the Chickasaw Nation of Oklahoma, wrote in court papers filed Jan. 25 that the DiamondJacks operations had run further downhill since owner Legends Gaming filed ...

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Casino officials want tougher facility regulations

JACKSON — Mississippi regulators want new casinos to be sturdier and gambling space larger with better restaurants and hotels. And the Mississippi Gaming Commission is ready to put the new requirements in writing. The Sun Herald reports the Gaming Commission is accepting written comments on the regulations. Commission executive director Allen Godfrey says depending on the comments, regulators could vote ...

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