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 [...] [...]
Lack of a convention headquarters hotel has been blamed for the Jackson Convention hotel complex losing $12 million in business last year. But the 330,000-square-foot complex has lost far more meetings and convention business since its late 2009 opening for reasons other than available hotel space, a study by H.C. Johnson Consulting of Chicago found. [...] [...]
The head of the Jackson Convention Complex and its governing board have gone silent on whether a hotel connected to the complex would be economically viable. >>>SEE COMPLETE STORY<<< [...]
PASCAGOULA — A liquidation sale is set for tomorrow for the contents of Pascagoula’s La Font Inn, including thousands of items from a nondescript wineglass to the knight mosaic from the old La Font bar. Developers of the 1960s landmark told The Mississippi Press that National Content Liquidators Inc. will sell items for the 192 [...] [...]
JACKSON — Seattle’s Best Coffee has opened its first Jackson location at Hilton Garden Inn Downtown Jackson in the recently renovated King Edward. King Edward formally opened with an official ribbon-cutting a week before Christmas 2009, bringing life back to the venerable building that had been vacant for 42 years. The Seattle’s Best Coffee café [...] [...]
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