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Tag Archives: hotel

Casino planning $50M hotel tower renovation on Coast

GULFPORT — Island View Casino Resort is expanding with a planned $50 million investment to transform a hotel tower vacant since Hurricane Katrina into a 400-room hotel and convention center. The Sun Herald reported the tower on the south side of U.S. Highway 90 had been part of Grand Casino Gulfport before Katrina struck in August 2005. Island View owners ...

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Residents to vote on lodging tax in October

HORN LAKE — Horn Lake aldermen have set an Oct. 8 referendum for a proposed tax on hotel and motel stays that could generate thousands of dollars for the city. Voters will be asked to approve a tax of $2 per night, and 60 percent of voters must approve. The Commercial Appeal reports the referendum, if approved, would rectify a ...

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City wants lodging tax; money collected in error placed in escrow

HORN LAKE — Horn Lake hopes to get the ball rolling soon on a referendum for a hotel-motel tax that could generate thousands of dollars in revenue without taxing residents. The referendum is the latest chapter in the troubled history of the city’s hotel-motel tax, which dates back to 2002. State legislators approved a four-year tax and renewed it in ...

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State's casinos see 7 percent drop in revenue

ACROSS MISSISSIPPI — Mississippi casino revenue resumed its year-over-year slide in June after showing positive results in May. Statewide casino revenue fell nearly 7 percent from June 2012 to $174.5 million, according to Mississippi Department of revenue figures. The state’s gambling halls eked out a 1 percent gain in 2012, because revenue rebounded after most Mississippi River casinos were affected ...

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Recreation group lobbying for new hospitality tax

GAUTIER — Members of the Gautier Recreation Advisory Committee are out promoting the 2 percent tax levy on the Aug. 27 ballot. The committee chairman, Larry Dailey, tells The Sun Herald the levy will be imposed on prepared food, adult beverages and hotels and motels, and by law, 100 percent of the tax money generated must be used for recreation ...

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MMI takes over operation of downtown hotel; LEAD still owners

JACKSON — MMI Hotel Group has assumed management of the 67-room Sleep Inn and Suites Downtown-Convention Center located across the street from the to-be-opened Iron Horse Grill. The LEAD Group, LLC continues to own the property serving the downtown Jackson market. “This is our first management agreement with The LEAD Group,” said Scott Sledge, vice president of operations for MMI ...

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Gaming expert: City could wait years for casino growth

NATCHEZ — Despite increased revenues since the city’s second casino opened in December, a Mississippi gambling expert says it could take several years for Natchez to see substantial growth to the local casino market. Former University of Southern Mississippi professor, researcher and author Dr. Denise Runge said she would, of course, not have expected local gambling revenues to instantaneously double ...

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Casino hotel construction playing beat the clock

BILOXI — The countdown is on and those driving by the new hotel construction on U.S. 90 are watching to see if the Hard Rock Hotel & Casino Biloxi can make its planned opening by New Year’s Eve. Todd Raziano, CFO at the casino, tells The Sun Herald Premier Entertainment Biloxi and Hard Rock International are investing $32.5 million for ...

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State's casinos finally see an increase in revenue over 2012

ACROSS MISSISSIPPI — Mississippi casino revenue rose in May, the first month in 2013 that state’s gross casino revenue was higher than in 2012. Revenue was up 3 percent statewide to $192.7 million in May, according to the report from the Mississippi Department of Revenue. South Mississippi’s 12 casinos won $95.1 million in May, up more than $4 million from ...

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