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Tag Archives: meetings and conventions

Lenders to foreclose on two Tunica casinos

TUNICA — ACH, the Atlantic City casino long considered to be at the greatest risk of having to close, can breathe a bit easier. New Jersey casino regulators today approved a plan to keep the struggling casino open and save the jobs of nearly 2,000 workers. “The company, quite frankly, was running out of cash,” said Eric Matejevich, chief financial ...

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Choctaws take over hotel management, change name

CHOCTAW — Mississippi Band of Choctaw Indians will take over management of the Hilton Garden Inn located near Silver Star Resort in Neshoba County. The Neshoba Democrat reports the hotel will reopen Nov. 15 as the Dancing Rabbit Inn. The 140-room hotel is located next to the Dancing Rabbit Golf Course. The tribe already operates hotels at the Silver Star ...

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JRA could issue $107M in bonds for development

JACKSON — The Jackson Redevelopment Authority could soon issue $107 million in bonds for three economic development projects — including two that have endured a host of delays. The Clarion-Ledger reports the bonds will go toward financing a hotel to be built across from the Jackson Convention Complex, the Farish Street Entertainment District and a new headquarters/welcome center for the ...

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Aldermen keeping close tabs on new casino development

NATCHEZ — Natchez aldermen are making clear that they want the city to keep close tabs on development of a new casino by Premier Gaming Corp. The board voted 5-1 Tuesday to require the company to give updated current site plans to the Natchez planning department and to require the planning department to maintain a complete, current and consistent set ...

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New casino might pay for city's fire protection

Adams County officials looking for a way to pay for fire protection are discussing the possibility that the money could come from a new Natchez casino. The Adams Board of Supervisors voted Monday to enter a $566,000 contract with the City of Natchez for fire protection of residents outside the city limits. However, the city recently asked for an additional ...

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Warren named president, CEO of Pearl River Resorts

CHOCTAW — Bryce A. Warren has been named president and CEO of Pearl River Resort. The announcement came yesterday from Phyliss J. Anderson, Tribal Chief of the Mississippi Band of Choctaw Indians. Warren replaces Paul Harvery who was hired in 2007. Harvey is the former executive director of the Mississippi Gaming Commission. Warren most recently served as general manager of ...

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Boyd takes over management of IP Casino

BILOXI — The IP Casino Resort and Spa in Biloxi is now open under new management. Boyd Gaming officially took over the property today. The Mississippi Gaming Commission ordered the doors shut at midnight Monday so an audit could take place before the property officially changed hands. Boyd Gaming of Las Vegas struck a deal in June to buy the ...

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State's casino industry slips to fifth in U.S.

ACROSS MISSISSIPPI — Mississippi’s longtime dream of passing New Jersey to become the nation’s second-largest gambling destination has not happened. Now, Pennsylvania and Indiana have passed the Magnolia State in terms of casino revenue. The economy and the competition have contributed to Mississippi’s current standing as the No. 5 gambling market in the United States. Of course, this spring brought ...

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Commission approves Boyd's acquisition of IP Biloxi

BILOXI — The Mississippi Gaming Commission has given approval to Boyd Gaming Corporation for its proposed acquisition of the IP Casino Resort Spa in Biloxi. With today’s action, the Las Vegas-based company has received all required regulatory approvals to proceed with the acquisition. The transaction is expected to close on Oct. 4. Terms were not disclosed. “We look forward to ...

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Report: State's casinos recovering from recession

ACROSS MISSISSIPPI — Recovery from the recession began at the Mississippi Gulf Coast casinos in the spring of 2010 and likely will continue over several years, according to the newly-released State of the State annual report on Mississippi casinos. Presented by the Mississippi Casino Operators Association and compiled by economist Scott King, the report shows casino revenue fell by $500 ...

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