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Tag Archives: gambling

Winter weather put a damper on Silver Slipper, Full House casinos

Full House Resorts, the Las Vegas company that owns Silver Slipper Casino, announced quarterly results this morning and said it had a net loss of $1.1 million for the first quarter (January-March), compared to net income of $0.6 million for the prior first quarter. At its Silver Slipper Casino in Hancock County, the company said it recorded revenue of $12.3 ...

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Diamondhead Casino names new chairman/president

DIAMONDHEAD — Diamondhead Casino Corporation (DHCC), which has been trying to build a casino resort on its 404-acre property in Diamondhead for more than a decade, has appointed Ted Arneault, formerly chairman, president and CEO of MTR Gaming Group Inc., as chairman of the board of the company and president and CEO of Casino World Inc., a wholly owned subsidiary ...

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Developers of a 2nd Coast casino miss financing deadline

MISSISSIPPI GULF COAST — Developers of two proposed casinos for the Mississippi Gulf Coast have missed deadlines to secure financing to build their projects. Tuesday, Rotate Black, which has a site approval at the Gulfport Harbor to build the $112 million Hemingway Casino failed to meet the 5 p.m. deadline. Monday, developers for the Scarlet Pearl casino in D’Iberville missed ...

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Delta casino to close; laying off as many as 1,300 workers

While there have been plenty figures released of late showing how the state’s casinos are struggling, there is now tangible proof as the largest casino in the Mississippi Delta has announced it will close. Caesars Entertainment will shutter its Harrah’s casino in Tunica on June 2, laying off as many as 1,300 workers. Las Vegas-based Caesars has two other casinos ...

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Coast casinos' revenues up, but riverboats continue to struggle

ACROSS MISSISSIPPI — Mississippi Gulf Coast casinos won a bit more from gamblers in February but that increase couldn’t overcome bigger revenue declines at casinos along the Mississippi River. Mississippi Department of Revenue figures show statewide casino revenue to $182 million in February, down fell 3 percent from 2013’s second month. Revenue has fallen in 18 of the last 20 ...

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Boyd Gaming reports drop in in-state net revenue

LAS VEGAS — Boyd Gaming Corporation reports fourth-quarter 2013 net revenues of $681.5 million, up 9.1 percent from $624.7 million during the same quarter in 2012. Total Adjusted EBITDAwas $131.5 million, an increase of 30.4 percent from $100.9 million in the year-ago quarter. Results reflect the addition of the operations of Peninsula Gaming, LLC, which was acquired by the company ...

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John Ferrucci'a perfect voice is perfect for the Silver Slipper Casino

John Ferrucci keeps a high profile as the general manager of Silver Slipper Casino on the beach in Hancock County, but he’s probably better known for his Jersey-tinged voice in the casino’s radio and TV commercials. The ad’s catchy jingle to “Come on down to the Silver Slipper. Pass a good time at the Silver Slipper,” was written by longtime ...

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Isle of Capri records loss; says state properties face 'pressure'

ST. LOUIS — Isle of Capri Casinos Inc. has reported financial results for the third quarter of fiscal year 2014 ended Jan. 26. Diluted income (loss) per share from continuing operations for the quarter was $0.24 compared to ($0.06) for the third quarter last year. Income from continuing operations was impacted by the reversal of a $2-million litigation accrual due ...

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Gaming company shuffles leadership at three casinos

AROUND MISSISSIPPI — Penn National Gaming Inc. has made leadership changes at its three Mississippi properties. Effective next month, Steve Lambert, acting general manager of Hollywood Casino Perryville (now owned and operated by Gaming & Leisure Properties Inc.) since July 2013, has been named general manager of Hollywood Casino Tunica. In addition, under a change in leadership structure for the ...

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Gaming Commission to decide fate of harbor casino

GULFPORT — The Mississippi Gaming Commission is scheduled to meet in Gulfport on Dec. 30 to decide whether developers can build a casino at the Gulfport harbor. The commission will meet at city hall. Rotate Black is the group proposing a $112-million casino resort on private property next to Jones Park. The Sun Herald reports the project stalled earlier this ...

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