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Tag Archives: nightlife

Former casino in disrepair while bankruptcy case continues

VICKSBURG — More than nine months after the Grand Station Casino closed amid bankruptcy, the property near Vicksburg’s City Front is in disrepair as several issues are settled in court. In October, U.S. Bankruptcy Judge Neil P. Olack awarded the casino to M Street Inc. after it bid $400,000 for the 36,000-square-foot facility in a Chapter 11 proceeding. The casino ...

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City puts Magnolia Bluffs money in short-term CD

NATCHEZ — The Natchez Board of Aldermen is considering in motion to put the $350,000 the city recently received from Magnolia Bluffs Casino in a certificate of deposit. The Natchez Democrat reports Alderman Dan Dillard made a motion to put money into a short-term CD until the board could finalize a plan for the money. The funds are the final ...

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Renovations totaling $100M underway at Coast casino

BILOXI — Work has begun to transform Isle of Capri into the Golden Nugget Casino Biloxi. The Sun Herald reports Landry’s Golden Nugget bought the East Biloxi casino Nov. 29 and has remodeled five of the guest rooms that visitors can tour this weekend. By about Memorial Day, one-third of the $100-million remodeling and construction project should be done and ...

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Park Service interested in land leased by casino

NATCHEZ — A lease between the city of Natchez and the Isle of Capri on some property at Fort Rosalie has expired and the National Park Service wants to acquire the land. Natchez National Historical Park Superintendent Kathleen Jenkins tells the Natchez Democrat there was an understanding was that the NPS would obtain the Little Mexico property when the lease ...

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County not banking much on revenue from casinos

NATCHEZ — Adams County officials are being careful not to count too heavily on gambling revenue in 2013, despite the opening of a new casino. The Natchez Democrat reports the county has only budgeted for an additional $95,000 in gambling revenue for fiscal year 2013. For the fiscal year that ended in September 2012, a period in which only one ...

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State's casinos see drop in November revenue

ACROSS MISSISSIPPI — The state’s casino revenue shrank again in November, but at a much slower pace than October’s 8 percent decline. Statewide casino revenue fell to $164.4 million, according to Mississippi Department of Revenue figures. The dip left the state’s gambling halls running $13 million ahead of 2011’s pace through 11 months. In 2011, Mississippi River casinos closed for ...

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Magnolia Bluffs Casino to open tomorrow

NATCHEZ — Nearly 20 years after the first legalized dice rolled in Natchez, the city’s second casino is set to open. It wasn’t for lack of trying by others through the years. Magnolia Bluffs Casino is set to open tomorrow. Most local leaders tell The Natchez Democrat they have lost an exact count of the number of would-be casino operators ...

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Landry's completes acquisition of Isle-Biloxi; plans $100M renovation

BILOXI —Fertitta Entertainment has completed the acquisition of the Isle Casino in Biloxi. Terms were not disclosed. “We’ve been looking to extend the Golden Nugget’s footprint to Biloxi for years and we’re excited to make major changes to the property and to the South, a personal interest of mine,” said Tilman J. Fertitta, sole owner, chairman and CEO of Landry’s Inc., ...

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Isle points to Isaac, low river for quarterly loss

ST. LOUIS, Mo. — Isle of Capri Casinos Inc. recorded a loss of $4.3 million during the quarter ended Oct. 28, compared to a loss of $1 million the same quarter last year. Net revenues for the quarter were $223.2 million, compared to $231.4 million the same quarter last year. Consolidated adjusted EBITDA decreased $3.2 million, or 7.6 percent, to ...

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Commission grants license to Magnolia Bluffs Casino

NATCHEZ — The Mississippi Gaming Commission has granted a gaming license to Magnolia Bluffs Casino. The Natchez Democrat reports the commission granted the approval yesterday during its meeting at the Natchez Grand Hotel. The casino, which is scheduled to open Dec. 21, has been nearly six years in the making. The casino first received site approval from the commission in ...

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