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Tag Archives: gambler

State's casinos see worst month since September 1998

ACROSS MISSISSIPPI — Mississippi casinos stumbled through their worst revenue month since September 1998 in October, with gamblers losing 8 percent less than in October 2011. Statewide casino revenue fell to $167.4 million, according to Mississippi Department of Revenue figures. If poor results continue, the state’s gambling halls could collect less money in 2012 than in 2011, even though the ...

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City looking for parking space to meet casino lease

NATCHEZ — The city of Natchez is eyeing the gravel lot next to the Margaret Martin Performing Arts Center for parking it must provide to Magnolia Bluffs Casino in accordance with the lease between the casino and the city. Mayor Butch Brown tells The Natchez Democrat the parking lot is currently the most logical option for the 100 parking spaces ...

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Officials expected to OK city's first gaming venue

D’IBERVILLE — The D’Iberville City Council is expected to give the final approvals for the city’s first casino. The Sun Herald reports the council will vote today on four measures that will allow Land Holdings I to build a casino on the Back Bay. The company hasn’t yet announced the name of the casino. Before the final master plan is ...

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Chickasaws moving forward on buy of riverboat casino

Vicksburg — An Oklahoma Indian tribe is moving forward with buying the DiamondJacks casinos in Bossier City, La., and Vicksburg. A bankruptcy auction did not occur after Global Gaming Solutions was the only bidder to qualify. The unit of the Chickasaw Nation of Oklahoma plans to pay $27.5 million in cash and $97.5 million in new debt to secured lenders ...

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Las Vegas company completes purchase of Silver Slipper

BAY ST. LOUIS — Full House Resorts says it has completed its $70 million purchase of Silver Slipper Casino Full House, based in Las Vegas, borrowed the money to buy the Hancock County gambling hall. The new owners were approved last month by the Mississippi Gaming Commission, allowing the deal to close yesterday. Investors led by Paul Alanis sold the ...

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Full House approved to own Silver Slipper's license

BAY ST. LOUIS — According to Las Vegas-based Full House Resorts, the Mississippi Gaming Commission has approved the company to own a Mississippi gaming licensee. The finding of suitability should enable the company to close on its acquisition of the Silver Slipper Casino Venture, LLC, the entity operating the Silver Slipper Casino in Bay St. Louis Oct. 1, the company ...

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Hard Rock Casino unveils plans for hotel tower

BILOXI — The management of Hard Rock Casino plans a 12-story, 154-room hotel tower along U.S. 90 in Biloxi. The company says the $32.5-million project is expected to be completed by New Year’s 2014. The addition will create 90 permanent jobs and 250 construction jobs. The Sun Herald reports Premier Entertainment Biloxi, LLC and Hard Rock International explored the viability ...

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Magaritaville Casino laying off approximately 200 workers

BILOXI — Jimmy Buffett’s Margaritaville Casino & Restaurant Biloxi is laying off about 50 full-time and 150 part-time workers as the summer tourist season ends. CFO Scott King tells the Sun Herald for six weeks the company has been informing employees their jobs would end with summer. Margaritaville hired nearly 1,000 people for its opening May 22. Traditionally, Coast casinos ...

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Revenues were flat at state's casinos in June

ACROSS MISSISSIPPI — Mississippi’s casino revenues were basically flat in June, as a recovery at gambling halls along the Mississippi River barely made up for losses on the Gulf Coast. Overall revenue rose less than 1 percent from June 2011, to $186.9 million, according to Mississippi Department of Revenue figures. Statewide revenue was basically flat with May, down less than ...

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Casino developers promise 'bigger and better plans'

GULFPORT — Developers of Gulfport’s waterfront Harbor Town Casino say they have bigger and better plans to present to the Mississippi Gaming Commission on July 19. In May, the Gaming Commission has asked casino developer Rotate Black to try again. Rotate Black CEO John Paulsen tells the Sun Herald the new plan increases the investment from $87 million to $100 ...

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