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Tag Archives: gaming

Judge: Caesars can demolish Harrah's casino in Mississippi

JACKSON — A Chicago bankruptcy judge has blessed plans to dismantle the former casino at the shuttered Harrah’s complex in Mississippi’s Tunica County. U.S. Bankruptcy Judge Benjamin Goldgar authorized the dismantling March 30. It’s one facet of a massive bankruptcy case involving Caesars Entertainment Corp. and its attempt to restructure or shed almost $20 billion in debt. It’s unclear when ...

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IRS plan to require tax forms for wins of $600

BILOXI — Casino operators in South Mississippi are coming out against an IRS proposal that would require players to file tax forms any time they win $600 or more on slot machines, keno or bingo. The threshold currently is $1,200. Hit that amount or higher and the slot machine freezes and stays locked until the Internal Revenue Service form is ...

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Hairston exiting early from Mississippi Gaming Commission

GULFPORT — Mississippi Gaming Commission member John Hairston says he will resign from regulatory board effective Jan. 31. Hairston was appointed to the Gaming Commission in 2005 and again in 2010. He made the announcement at a commission meeting Thursday. Hairston was recently named president and chief executive officer of Hancock Holding Co. and he says he is very busy. ...

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Miss. casino revenue falls on river casino weakness

JACKSON — Mississippi casino revenue fell in November, as continued weakness at casinos along the Mississippi River outweighed gains on the Gulf Coast. State Department of Revenue figures show casinos statewide won $156 million from gamblers in November, down 5 percent from $164 million in November 2013. The 12 coastal casinos won $82.8 million, up less than 1 percent from ...

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State's casinos took in more winnings in October

ACROSS MISSISSIPPI — A strong performance by Mississippi’s Gulf Coast casinos boosted gambling revenue to $167 million in October. The figure bested the $165.5 million lost by gamblers in October 2013. The 11 casinos in South Mississippi showed 9 percent jump in revenue — despite the closing of the Margaritaville Casino in Biloxi. Mississippi Department of Revenue figures showed the ...

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Full House marks 'topping off' of new Silver Slipper hotel

BAY ST. LOUIS — Full House Resorts is celebrating the “topping off” of its new 142-room hotel at the company’s Silver Slipper Casino property in Bay St. Louis. Community leaders, employees and investors have been invited to attend a special ceremony on-site at the property. Andre Hilliou, chairman and CEO of Full House, said, “We are on schedule to open ...

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State's casinos saw another fall in revenue in August

ACROSS MISSISSIPPI — Mississippi casino revenue fell in August, with performance continuing to diverge between coastal and river regions. State Department of Revenue figures show casinos statewide won $175 million from gamblers in August, down 2 percent from $179 million in August 2013. The 12 coastal casinos won $94.1 million, up 5 percent from August 2013. The 17 river casinos ...

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