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Margaritaville opens in Biloxi bringing jobs and tax revenue

Since legalized gaming entered the scene in Mississippi in 1992, it’s been big business, meaning jobs and tax revenue even in recessionary times. The local and state economy got another boost with the recent opening of Margaritaville Casino & Restaurant in Biloxi. Located on the eastern tip of Biloxi Back Bay, the $62 million land-based resort is the state’s first ...

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Commission gives nod to site for proposed Boardwalk Casino

BILOXI — The Mississippi Gaming Commission has given site approval to the proposed Biloxi Boardwalk Casino & Resort. It’s the first in a series of approvals required for the casino proposed by Louisiana businessman Chris Ferrara. Ferrara also owns a fire truck manufacturer in Holden, La. He bought the site after a former Heinz pet food factory closed. He wants ...

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State's casinos record drop in revenue in May

ACROSS MISSISSIPPI — Revenue for Mississippi casinos dropped about $2 million in May from April. The Mississippi Department of Revenue released figures that show casinos took in $185.3 million may compared to $187 million in April. And the figures showed casino revenue was 26 percent higher in May than a year ago, when river casinos were forced to close by ...

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Casino developer seeking site approval from Gaming Commission

BILOXI — The developer of the Biloxi Boardwalk Casino and Resort will ask the Mississippi Gaming Commission to approve the site for his gambling house. The commission meets Thursday in Jackson. The Sun Herald reports Louisiana businessman Chris Ferrara wants to locate the casino in the former Heinz pet food plant on the Back Bay of Biloxi. Ferrara says the ...

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Silver Slipper's new owners say they need new hotel

BAY ST. LOUIS — The new owners of the Silver Slipper Casino in Hancock County have told county officials that construction of a new hotel is a priority. In April, Las Vegas-based Full House Resorts purchased the Slipper for $70 million in a cash and financing deal. The Silver Slipper is one of the few Mississippi casinos without a hotel. ...

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Isle of Capri rebranding Rainbow Casino as Lady Luck

VICKSBURG — The Rainbow Casino in Vicksburg will take on the name Lady Luck Casino next year. The Vicksburg Post reports the information was contained in the quarterly financial report by Isles of Capri Casinos Inc. It will be the fifth Lady Luck facility for the St. Louis-based gaming and entertainment company. The change will take effect by the end ...

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Commission gives nod to plans for Golden Nugget casino resort

BILOXI — The Biloxi Planning Commission has approved the $150 million renovation plans for Golden Nugget Biloxi casino resort. The Sun Herald reports the proposal now goes to the city council. Officials say the sale of the Isle Casino to Landry’s Golden Nugget is expected by August but the property won’t be re-branded until all the construction and renovation are ...

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Tupelo sees increase in tourism revenue

TUPELO — The Tupelo Convention and Visitors Bureau is on track for a record year for tourism sales tax revenue. The Northeast Mississippi Daily Journal  says figures release this week show that revenue has grown for seven of the eight months so far in this fiscal year. March revenue, which is reported in May, grew 12.11 percent over March 2011. ...

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Oyster Bay Casino developers choose operator

D’IBERVILLE — Developers of the proposed Oyster Bay Casino have signed a management agreement and hope to start construction of the $170 million resort by the end of the year. Tom Moore says that he and business partner Duane Lewis, a developer from Birmingham, Ala., hired Falcon Gaming of Gulfport to manage the daily operations of the casino resort. With ...

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