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Boyd Gaming to buy IP Casino for $278M in cash

BILOXI — Boyd Gaming Corporation has entered into a definitive agreement to acquire the IP Casino Resort Spa in Biloxi from Imperial Palace of Mississippi, LLC, and Key Largo Holdings, LLC, for $278 million in cash. The company will also contribute $10 million at closing to the Engelstad Family Foundation, which will be distributed over the next five years to ...

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Last Vicksburg casino reopens as waters recede

VICKSBURG — DiamondJacks Casino and Hotel in Vicksburg is set to reopen tomorrow, 36 days after the Mississippi River flood forced the resort to close. DiamondJacks, which suffered no water damage, will reopen at 3 p.m. The casino’s 400 employees received full pay and benefits during the shutdown, according to a news release. The Clarion-Ledger reports that Mayor Paul Winfield, ...

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Moody's: Casinos could face post-flood earnings woes

MISSISSIPPI RIVER REGION — Moody’s Investors Service said yesterday that small casino operators that have had to close properties along the Mississippi River due to flooding could see their earnings hurt. The flooding could also further delay the regional market’s recovery, the credit ratings agency said. The Mississippi River flooding led many casino operators in the area to close casinos ...

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City mulling plan for entertainment district designation

PHILADELPHIA — Philadelphia could become the fifth city in Mississippi to have a designated Arts and Entertainment District. Meridian, Tupelo, Columbus and Ocean Springs have entertainment districts. The Philadelphia Board of Aldermen has not officially decided to designate an arts and entertainment district within the city, but Mayor James Young says he can’t see many reasons not to. City officials ...

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Vision adds Florida flight at Tunica Municipal

TUNICA — Atlanta-based Vision Airlines has launched nonstop service between Tunica Municipal Airport and Northwest Florida International Airport in Destin-Ft. Walton Beach, Fla. Tunica officials told The Commercial Appeal that they hope the lure of a low-cost vacation travel option will generate increased business at area casinos and tourist attractions from people passing through. “This new partnership will open Tunica ...

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Grand Station Casino finally opens as waters recede

VICKSBURG — Grand Station Casino, formerly Horizon and whose reopening was delayed by the Mississippi River flooding, opened yesterday in Vicksburg. The Vicksburg Post reports about 350 employees will staff the facility, which plans a fine dining venue and a sports bar. The casino had closed in March for renovations. Tropicana Entertainment Inc. sold the Horizon to Delta Investments & ...

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Harlow's Casino reopens after repairs, flood

GREENVILLE — Harlow’s Casino Resort & Hotel in Greenville has reopened after being closed due to storm damage received in April and the Mississippi River flood. Churchill Downs Incorporated, which owns the 33,000-square foot casino on the Mississippi River, announced the reopening in a news release Wednesday, the day the casino was to welcome back gamblers. Most of the casinos ...

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Renovated Palace Casino to reopen smoke-free

BILOXI — When the Palace Casino Resort in Biloxi opens the second floor of its expansion and renovation project June 14, the casino, hotel, restaurants and lounge/sports bar will all be smoke free. Smoking will be allowed outside the main building, and a new $1-million smoking lounge has been created to accommodate smokers. The smoking lounge is conveniently located in ...

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There's hope early season heralds better decade

BILOXI — Derick Ross, his father and his younger brother boarded the 53-foot Mark and Dawn and set out to ply Mississippi waters for shrimp this week, just as Rosses have done since ancestors arrived here from Alabama on a schooner in 1896. By noon, fishing in wind and choppy water around Horn Island, they had caught only about 150 ...

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