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Tag Archives: gaming

Diamondhead Casino still in the game

DIAMONDHEAD — Deborah Vitale says jokingly that one day she will write a book, then a musical, on the saga of her professional struggles over the last decade-plus to get a gaming venue built on the Mississippi Gulf Coast. President of Diamondhead Casino Corporation (OTBB: DHCC), she can only chock up her company’s survival to divine intervention. “It is almost ...

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Diamondhead Casino still alive

DIAMONDHEAD — Diamondhead Casino Corporation, which for years has been trying to build a gaming venue on approximately 404 acres of land in Diamondhead, has released an update on its activities. In September, the company entered into an agreement with EDSA Inc. to design and prepare a master plan for the Diamondhead property. The master plan, which is water-themed, is ...

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MGM MIRAGE's Mississippi operations slumping

MGM MIRAGE reported a third quarter diluted loss per share of $1.70, compared to income per share of $0.22 in the prior year third quarter. The current year results were impacted by non-cash impairment charges totaling $1.17 billion, or $1.72 loss per diluted share net of tax, including a pre-tax non-cash impairment charge of $956 million related to the company’s ...

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Champions Tour stopping on Coast

BILOXI — The PGA TOUR’s Champions Tour, in conjunction with the Gulf Coast Business Council, announced the addition of a new tournament to the Champions TOUR schedule for 2010 – the Mississippi Gulf Resort Classic, to be held April 26-May 2. The tournament will feature three days of competitive play, a Pro-Am as well as numerous special events including a ...

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Casinos' performance up and down

AROUND MISSISSIPPI — Penn National Gaming Inc. reports net revenues for the quarter ended Sept. 30 of $620.4 million, up from $617.9 million during the same period last year. However, net income was well down — $21.4 million during the quarter of this year, compared to $147.5 million during the same quarter a year ago. Peter M. Carlino, chairman and ...

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Beau Rivage joins ALHI

BILOXI — Beau Rivage Resort & Casino has been accepted for membership into Associated Luxury Hotels International (ALHI), becoming ALHI’s first member in Mississippi. The 1,740-room resort will now receive national sales services by ALHI to the meetings, incentive/ recognition travel, conventions, and expositions marketplaces. “Beau Rivage Resort & Casino is a remarkable option for any meeting professional and incentive ...

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Palace unveils major expansion

BILOXI — The Palace Casino Resort has announced a 110,000-square-foot project, of which 64,000 square feet is an expansion of its facilities and amenities. This is the largest casino expansion on the Mississippi Gulf Coast since Hurricane Katrina. Upon completion of the new construction, the property will include 38,000 square feet of gaming space with more than 1,000 slot machines ...

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