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Tag Archives: casino

Caesar's drops lease; cleanup begins at former Casino Magic site

BILOXI — Caesars Entertainment has dropped its lease on the Casino Magic property in East Biloxi and crews are cleaning out the tower. The Sun Herald reports city officials say they are frustrated that nothing is being done to demolish the abandoned casino project next door. Jerry Creel, Biloxi’s community development director, told the city council yesterday that a local ...

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State's casinos see 7 percent drop in revenue

ACROSS MISSISSIPPI — Mississippi casino revenue resumed its year-over-year slide in June after showing positive results in May. Statewide casino revenue fell nearly 7 percent from June 2012 to $174.5 million, according to Mississippi Department of revenue figures. The state’s gambling halls eked out a 1 percent gain in 2012, because revenue rebounded after most Mississippi River casinos were affected ...

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Casino hotel construction playing beat the clock

BILOXI — The countdown is on and those driving by the new hotel construction on U.S. 90 are watching to see if the Hard Rock Hotel & Casino Biloxi can make its planned opening by New Year’s Eve. Todd Raziano, CFO at the casino, tells The Sun Herald Premier Entertainment Biloxi and Hard Rock International are investing $32.5 million for ...

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Commission approves sale of Ameristar to Pinnacle

JACKSON — The Mississippi Gaming Commission has unanimously approved the Pinnacle Entertainment’s proposed acquisition of Ameristar Casinos. According to a release from Pinnacle, completion of the transaction remains subject to the receipt of additional required regulatory approvals and customary closing conditions. “Ameristar Casino Hotel Vicksburg is a terrific addition to our portfolio and nicely complements our existing operations in the ...

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Mayor wants some casino money for schools to go to parks

GREENVILLE — Mayor John Cox is suggesting that a portion of casino revenue diverted to Greenville’s schools should be directed instead to parks and recreations programs. “We are trying to figure out a way that gaming funds could be directed through the parks commission to benefit the youth of the Greenville Public School District to assist in voluntary character development ...

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State's casinos see worst revenue in April since 1998

AROUND MISSISSIPPI — Mississippi casino revenue kept falling in April, with gamblers losing less than in any other April since 1998. Mississippi Department of Revenue figures show statewide casino revenue fell 6 percent to $176.3 million. » READ MORE: Details on declining casino revenues in April. Year-over-year casino revenue has fallen in every month since July 2012. The state’s casinos, ...

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