by Associated Press Published: April 25,2012
Tags: casinos, Commercial Real Estate, Conventions, entertainment, gambling, gaming, hospitality, hotels, lodging, meetings, municipal government, restaurants, site approval
D’IBERVILLE — The D’Iberville Planning Commission has approved the site plan and variances for a $370 million resort proposed by Land Holdings. The Sun Herald reports the city council will vote on the project at its May 1 meeting. About 50 people who live around the casino site east of Interstate 110 turned out to [...] [...]
JACKSON — March winnings at Mississippi’s casinos rose 3.9 percent for a year ago, the third time in the last four months that revenues have improved at the state’s 29 gambling halls. An improving economy appears to be bringing gamblers back, while coast casinos may have been boosted by the Final Four being held in [...] [...]
by Associated Press Published: April 5,2012
Tags: casinos, elections, entertainment, gambling, gaming, hospoitality, hotels, lodging, municipal government, Politics, referendum, restaurants, tourism, tourists, visitors
LONG BEACH — Long Beach alderman Leonard Carrubba has suggested putting a nonbinding casino referendum on the November ballot. Carrubba tells WLOX-TV he wants to know if Long Beach voters are for or against a casino in their city. Long Beach voters have turned down gaming before — during two countywide votes. They rejected a [...] [...]
by Associated Press Published: April 4,2012
Tags: casinos, Conventions, entertainment, gambling, gaming, hospitality, hotels, lease, lodging, meetings, municipal government, real estate, restaurants, tourism, tourists, visitors
D’IBERVILLE — The city of D’Iberville will share in the profits of Oyster Bay Casino if the resort is built. The city council yesterday agreed to lease the waterfront land on the Back Bay near the Jackson County line. City Manager Michael Janus told The Sun Herald the city’s parcel is needed to make the [...] [...]
by MBJ Staff Published: April 3,2012
Tags: acquisitions, casino, Conventions, entertainment, gambling, gaming, hospitality, hotels, meetings, mergers, restaurants, tourism, tourists, visitors
HANCOCK COUNTY — Full House Resorts of Las Vegas, Nev., has entered into definitive agreements with Silver Slipper Casino Venture, LLC to acquire all of the outstanding membership interest of the entity operating the Silver Slipper Casino in Hancock County. The purchase price is $70 million, exclusive of estimated cash, net working capital balances, fees [...] [...]
by Associated Press Published: April 2,2012
Tags: bankrupt, bankruptcy, casinos, Commercial Real Estate, gambling, gaming, hospitality, hotel, lodging, real estate, tourism, tourists, visitors
NATCHEZ — Bankruptcy court filings show that a creditor is buying the Grand Soleil Hotel and proposed casino property for about $5.6 million. The Natchez Democrat reports RJB Financing, LLC will pay with about $4.1 million cash and a $1.5 million letter of credit. In May 2011, businesses reportedly owed a total of $1.6 million [...] [...]
by Associated Press Published: March 29,2012
Tags: acquisition, casinos, Commercial Real Estate, condominium, developer, economic development, foreclosure, gambling, gaming, hospitality, hotel, marina, merger, municipal government, purchase, resort, tourism, tourists, visitors
VICKSBURG — Grand Station Casino has closed in Vicksburg, affecting 230 employees. The Vicksburg Post reports casino officials began escorting employees from the casino about 11 a.m. yesterday and security guards turned prospective gamblers away. Vicksburg Mayor Paul Winfield says the city would work with companies interested in acquiring the casino. The action came after [...] [...]
by Associated Press Published: March 27,2012
Tags: acquisitions, casinos, condominium, debt, developer, foreclosure, gambling, gaming, mergers, tourism, tourists, visitors
VICKSBURG — Bally Gaming Inc. and the owners of Vicksburg’s Grand Station Casino have agreed to discuss unpaid $3 million debt. Vicksburg City Attorney Lee Thames tells the Vicksburg Post the foreclosure sale of the Grand Station Casino scheduled for yesterday has been postponed indefinitely. The casino was expected to be sold to settle all [...] [...]
by Associated Press Published: March 22,2012
Tags: casinos, Conventions, gambling, gaming, hospitality, hotels, lodging, meetings, restaurants, revenues, tourism, tourists, vacations, visitors, winnings
ACROSS MISSISSIPPI — February winnings for Mississippi’s casinos rose 2.6 percent from a year ago, only the second time in the last year that revenues have improved at the state’s 30 gambling halls. The month was aided by the leap year’s extra day, as well as Mardi Gras occurring in the month. In 2011, Mardi [...] [...]
by Associated Press Published: March 19,2012
Tags: acquisition, casinos, developer, gambling, gaming, hospitality, hotles, lodging, purchase, tourism, tourists, visitors
VICKSBURG — A New Orleans developer says he has offered to buy the Grand Station Hotel. The Vicksburg Post reports Kenneth W. Bickford, president of Chappapeela Development Corp., said the Grand Station Hotel will be bought from M Street Inc., which owns the 117-room facility and holds the adjacent Grand Station Casino’s docking permits. The [...] [...]
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