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Tag Archives: Gulf Coast

Mississippi coast casinos break April revenue record

Casinos on Mississippi’s Gulf Coast are setting revenue records before tourists arrive for the summer. The Sun Herald of Biloxi reports that gross casino revenue at the 12 Gulf Coast gambling centers hit an all-time high of $108.6 million in April. That’s $1.4 million more than the previous high set in April 2007 when volunteers and contractors were flooding the coast following ...

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Long-time Mississippi mayor announces his retirement

The long-time mayor of a Mississippi city has announced his retirement. News outlets report D’Iberville Mayor Rusty Quave announced at the State of the City address Wednesday that he will not run for an eighth term in 2021. He was elected in 1993. Quave is noted for rebuilding the city after Hurricane Katrina, and during his tenure as mayor the ...

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Hancock Bank and Whitney Bank are now Hancock Whitney Bank

  By BECKY GILLETTE GULFPORT — When Hancock Bank and Whitney Bank merged in 2011, they kept their respective names due to each being so large and well known in their respective markets for nearly 100 years. But now the banks are merging in name, as well.  The banks will be renamed Hancock Whitney Bank on May 25. The bank ...

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Hancock County communities designated as Opportunity Zones

Two communities in Hancock County are among 100 Mississippi communities designated by the U.S. Department of Treasury and the Internal Revenue Service as Qualified Opportunity Zones.  The designations are designed to spur economic growth by encouraging long-term investments in low-income and rural communities through Qualified Opportunity Funds. Private investors can earn tax relief through investments made in an Opportunity Zone, ...

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Mississippi city offers up historic properties to developers

A Mississippi city is soliciting requests for proposals to develop three downtown properties it owns. The Sun Herald reports Biloxi Mayor Andrew “FoFo” Gilich wants to capitalize on the success of a lucrative deal to rent the city’s old library as a restaurant. The city will consider proposals for two 19th century properties: the Magnolia Hotel, which houses a Mardi Gras museum, ...

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Feds: Gulf states manage red snapper anglers for 2 years

States on the Gulf of Mexico can set recreational seasons this year and next for red snapper, a popular catch that’s still recovering from nearly disastrous overfishing, the federal government said. The experimental permits will let Alabama, Mississippi, Florida, Louisiana and Texas track the catch, with each state closing its season when it reaches its quota, according to a Commerce ...

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Mississippi shipyard rebuilds area hit by Hurricane Katrina

One of Mississippi’s largest employers, a shipyard that builds vessels for the Navy and Coast Guard, announced Thursday that it is rebuilding and reopening part of its operation that was destroyed by Hurricane Katrina in 2005. Virginia-based Huntington Ingalls Industries said Ingalls Shipbuilding is reconstructing a shipyard in Pascagoula over the next two years. The yard on the east bank ...

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Travel South Showcase to roll into Mississippi

By LISA MONTI When the 36th Annual Travel South Showcase rolls into the Mississippi Coast this month, it will bring in almost 700 tour operators, journalists, travel service providers and destination market organizations from around the U.S. There will be thousands of business meetings, multiple FAM tours fanning out across the state and presentations highlighting attractions and amenities all over ...

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Gulf Coast Democratic legislator Baria enters Senate race

State Rep. David Baria of Bay St. Louis, the House Democratic leader, announced Wednesday he is running for the U.S. Senate seat currently held by Roger Wicker, a Tupelo Republican. Baria made the announcement within hours Wednesday of state Sen. Chris McDaniel holding an event at Jones County Junior College in Ellisville to announce he was challenging Wicker in the ...

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Long-empty theater in Mississippi is purchased

A long-vacant theater in Mississippi has been purchased. The Hancock County Chamber of Commerce reported the A&G Theater, which has been vacant for over 40 years, is going to be restored to its former glory as a multi-purpose performance space for several things including movies and live entertainment. News outlets report New Orleans real estate developers Jim and Catherine MacPhaille ...

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