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Tag Archives: casino

Tribe decides against buying bankrupt casinos

VICKSBURG — An Oklahoma Indian tribe is no longer planning to spend $125 million to buy the bankrupt DiamondJacks casinos in Bossier City, La., and Vicksburg from Legends Gaming. Global Gaming Solutions, a unit of the Chickasaw Nation of Oklahoma, wrote in court papers filed Jan. 25 that the DiamondJacks operations had run further downhill since owner Legends Gaming filed ...

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Casino officials want tougher facility regulations

JACKSON — Mississippi regulators want new casinos to be sturdier and gambling space larger with better restaurants and hotels. And the Mississippi Gaming Commission is ready to put the new requirements in writing. The Sun Herald reports the Gaming Commission is accepting written comments on the regulations. Commission executive director Allen Godfrey says depending on the comments, regulators could vote ...

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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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Isle-Natchez ousts general manager/VP, gives no reason

NATCHEZ — Isle of Capri Casino Natchez changed its top management with the ouster of vice president and general manager Tony Scudiero. Jill Alexander, senior director of corporate communications for Isle of Capri Casinos based in St. Louis, declined to explain the cause for the management change. The Natchez Democrat reports the management shake-up occurred as Natchez’s second casino, Magnolia ...

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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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