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Tag Archives: hotels

City officials mulling lodging tax to fund development

WIGGINS — City leaders in Wiggins are considering a local sales tax on hotels, motels and cabins as a way to increase revenue for economic development. The Sun Herald reports Mayor Jerry Alexander introduced the idea at yesterday’s Board of Aldermen meeting. Alexander said the tax proposal would be a good way to increase revenue without a major impact on ...

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Boyd takes over management of IP Casino

BILOXI — The IP Casino Resort and Spa in Biloxi is now open under new management. Boyd Gaming officially took over the property today. The Mississippi Gaming Commission ordered the doors shut at midnight Monday so an audit could take place before the property officially changed hands. Boyd Gaming of Las Vegas struck a deal in June to buy the ...

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State's casino industry slips to fifth in U.S.

ACROSS MISSISSIPPI — Mississippi’s longtime dream of passing New Jersey to become the nation’s second-largest gambling destination has not happened. Now, Pennsylvania and Indiana have passed the Magnolia State in terms of casino revenue. The economy and the competition have contributed to Mississippi’s current standing as the No. 5 gambling market in the United States. Of course, this spring brought ...

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Commission approves Boyd's acquisition of IP Biloxi

BILOXI — The Mississippi Gaming Commission has given approval to Boyd Gaming Corporation for its proposed acquisition of the IP Casino Resort Spa in Biloxi. With today’s action, the Las Vegas-based company has received all required regulatory approvals to proceed with the acquisition. The transaction is expected to close on Oct. 4. Terms were not disclosed. “We look forward to ...

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Report: State's casinos recovering from recession

ACROSS MISSISSIPPI — Recovery from the recession began at the Mississippi Gulf Coast casinos in the spring of 2010 and likely will continue over several years, according to the newly-released State of the State annual report on Mississippi casinos. Presented by the Mississippi Casino Operators Association and compiled by economist Scott King, the report shows casino revenue fell by $500 ...

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Commission to mull plans for Gulfport harbor resort

GULFPORT — The Gulfport Redevelopment Commission will consider plans to bring a 12-suite resort and restaurant to the Gulfport harbor. The City Council voted unanimously yesterday to convey a piece of property at the harbor to the Redevelopment Commission in anticipation of approving a 15-year lease with Saltgrass Outdoors for the $2.5-million project. Buy-back provisions in the lease would allow ...

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Choctaws anticipate increased profits from Pearl River Resort

CHOCTAW — Pending final approval by the Choctaw Tribal Council, Pearl River Resort and Casino’s new budget anticipates net profits will increase from a projected $83.3 million to $100.4 million next fiscal year. 
The FY 2012 budget, which was just recently approved by the Pearl River Resort Board, will be presented to the full Tribal Council for adoption this week. ...

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Pearl River Resort hires new outside auditor

CHOCTAW — Pearl River Resort and Casino, owned by the Mississippi Band of Choctaw Indians, has hired a new independent auditor. BDO USA, a century-old professional services firm providing tax, financial advisory and consulting services to a wide range of publicly traded and privately held companies, will assume the external auditing duties previously performed by PricewaterhouseCoopers. PricewaterhouseCoopers had been providing ...

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Cabot Lodge promotes Reed

Lori Reed was recently named director of sales for the Cabot Lodge Jackson North in Ridgeland. Reed served as the sales manager at the Cabot Lodge Jackson North property prior to accepting this new position. Her primary duties include achieving hotel revenue, profit and customer satisfaction goals by developing and implementing successful sales strategies, account management, business development and team ...

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Grand Casino founder to lead Margaritaville

BILOXI — Gaming veteran Thomas Brosig has been named president and CEO of Jimmy Buffett’s Margaritaville Casino. Karen Sock was announced as general manager and chief operating officer. The announcements were made yesterday. The Margaritaville casino resort is under construction in East Biloxi and is scheduled to open next summer. Brosig was co-founder of Grand Casinos Inc. with Lyle Berman. ...

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