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Posts Tagged ‘hospitality’

Coast casinos up, riverboats down in April

ACROSS MISSISSIPPI — Revenue for Mississippi Coast casinos was up in April, but the take at river casinos dropped, depressing the overall revenue at the state’s gambling halls. The state’s casinos won 1.2 percent less money, with revenues falling to $187 million last month from $189.3 million in April 2011. Casinos in the Gulf Coast [...] [...]

Buffett to personally greet first Margaritaville guests this evening

BILOXI — Jimmy Buffett says he knows how to put on a show. Supporters of the Margaritaville casino in Biloxi are counting on it as the gambling hall opens today. Margaritaville is among the smallest casinos approved by Mississippi regulators in recent years, raising concerns that it would steal business from competitors in the market, [...] [...]

Gagnon named new president/CEO of Pearl River Resort

CHOCTAW — Holly Gagnon has been selected president and CEO of the Mississippi Band of Choctaw Indians’ Pearl River Resort. Gagnon’s most recent roles were vice president of finance/planning and analysis for Caesars Entertainment and lecturer at the Isenberg School of Management at the University of Massachusetts. Gagnon is also a certified public accountant (CPA). [...] [...]

Commission again rejects plans for proposed Coast casino

GULFPORT — The Mississippi Gaming Commission has asked casino developer Rotate Black to try again. The commission, in a 3-0 vote, again rejected the company’s plan for the Harbor Town Casino on the waterfront in Gulfport. In April, the commission asked developers to add more to their proposal, hoping the additional investment would bolster coast [...] [...]

Supervisors turn down CVB’s offer to join tourism promotion group

JACKSON COUNTY — Jackson County supervisors have turned down the Mississippi Gulf Coast Convention & Visitors Bureau offer to add Jackson County representatives to their board to form a tri-county entity in support of Mississippi Coast tourism. Supervisor John McKay said yesterday he supported the move because it’s important for the Coast to speak with [...] [...]

Caesars pulls plug on construction of unfinished casino

BILOXI — Casino operator Caesars Entertainment Corp. says it won’t continue construction of the unfinished casino on the beach in Biloxi, Miss. The company took a $167.5 million non-cash impairment charge on the project, writing off the money spent on the casino before stopping work in 2008. Caesars spokesman Gary Thompson tells the Sun Herald [...] [...]

Full House lands financing to purchase Silver Slipper Casino

BAY ST. LOUIS — Las Vegas, Nev.-based Full House Resorts reports it has obtained financing commitments for new credit facilities totaling $75 million to fund the company’s acquisition of the Silver Slipper Casino. The financing will consist of a $55 million first lien credit facility and a $20 million second lien facility. Capital One N.A. [...] [...]

Committee members get plans for Isle-Biloxi renovations, expansion

BILOXI — The Biloxi Development Review Committee has received plans from Golden Nugget officials for a $150 million remodel and expansion of the Isle Casino Biloxi. Attorney Britt Singletary said yesterday the sale of the casino resort in East Biloxi could be completed in July. Singletary says the Isle won’t be rebranded the Golden Nugget [...] [...]

Commission approves site for proposed Coast casino

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 [...] [...]

Fisher: Two post-oil spill restoration projects moving forward

MISSISSIPPI GULF COAST — Two Mississippi projects aimed at restoring marine resources damaged in 2010 by the Deepwater Horizon (DWH) Oil Spill are moving forward as part of Phase I of the DWH Early Restoration Plan/Environmental Assessment (Phase I plan), according to Mississippi trustee Trudy D. Fisher, executive director of the Mississippi Department of Environmental [...] [...]

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