Home » Tag Archives: gaming (page 40)

Tag Archives: gaming

State's casinos saw winnings decrease in March

ACROSS MISSISSIPPI — Winnings for Mississippi’s state-licensed casinos totaled $208.9 million last month, down a bit from March 2010, the state Revenue Department reports. The 11 casinos along the Gulf Coast took in $93.5 million in March, while the 19 casinos along the Mississippi River won $115.4 million from players. The tally was down 1.7 percent from the $212.5 million ...

Read More »

Diamondhead-Phoenix purchase agreement expires

DIAMONDHEAD — Diamondhead Casino Corporation letter of intent to sell a part of its site on the Mississippi Gulf Coast has expired. Diamondhead Casino entered into a letter of intent Dec. 10, 2010, to sell 25 acres of its Diamondhead property to Phoenix Gaming and Entertainment, LLC, to be used, in part, for the construction of a casino. The agreement ...

Read More »

Margaritaville to get special hearing in front of Commission

BILOXI — Plans for Jimmy Buffett’s Margaritaville Casino & Restaurant will go before the Mississippi Gaming Commission during a special meeting yesterday in Biloxi. Developers, including singer-songwriter Jimmy Buffett and Coast casino veteran Tom Brosig, are asking the Gaming Commission to approve the design and financing for a casino resort on Back Bay. They also are seeking approval to proceed ...

Read More »

Court sides with Gaming Commission over machines

WEST POINT — Two West Point men have lost their attempt to get computer equipment taken from their business returned by the state. WTVA-TV reports that the Mississippi Gaming Commission removed the machines from Paradise Isle Internet Cafe in 2007. Authorities say the 39 computers were nothing more than slot machines being used to reward customers who bought phone cards. ...

Read More »

Gaming Commission reviewing Margaritaville plans

BILOXI — Mississippi gaming regulators are reviewing plans for Jimmy Buffett’s Margaritaville Casino & Restaurant in Biloxi. Gaming Commission executive director Larry Gregory tells The Sun Herald that the casino will likely be on the agenda for the panel’s April 28 meeting. The casino is smaller and more casual than the $700-million resort Caesars Entertainment started in 2007 in partnership ...

Read More »

Majestic Star's reorganization plan approved

TUNICA — The Majestic Star Casino, LLC, and certain of its subsidiaries and affiliates have received confirmation of its second amended joint plan of reorganization from the United States Bankruptcy Court for the District of Delaware. The company said the court’s ruling and entry of a confirmation order following a hearing held on March 10 allows Majestic Star, which owns ...

Read More »

MGCCC to break ground on new center

LONG BEACH — Mississippi Gulf Coast Community College will hold a groundbreaking ceremony for the Hospitality and Resort Management Center on the Jefferson Davis Campus March 11 beginning at 2 p.m. The $10.1-million facility, to be constructed by 2012, will house Hospitality and Tourism Management, Culinary Arts and Related Foods, and Business and Marketing Management along with other related programs ...

Read More »

Casino workers' oil spill claims to be processed

MISSISSIPPI GULF COAST — The group charged with administrating BP’s $20 billion Gulf oil spill fund says it will start processing claims from casino workers this week. Kenneth Feinberg, the Washington lawyer who oversees the fund, said last Friday through a spokeswoman that the Gulf Coast Claims Facility will begin processing 2,500 claims this week. The workers will have to ...

Read More »

Ameristar Casinos buying back founder's shares

VICKSBURG — Ameristar Casinos Inc. is buying back approximately 26.2 million shares of its common stock from the estate of founder and former chairman and CEO Craig H. Neilsen for about $457.6 million. Neilsen died in Nov. 2006. The casino operator said that the stock included in the buyback represents about 45 percent of its outstanding stock and approximately 83 ...

Read More »