` Biloxi, Mississippi/ Casino and Gambling News - Page 30
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Biloxi News - Page 30

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Couple Arrested for Cashing Stolen Checks at Casino

News Brief: A Tennessee couple have been arrested in a forgery case police say involves stolen checks from Memphis cashed at a Biloxi casino.

Beau Rivage Plans Golf Course

Beau Rivage plans to build a new 18-hole championship golf course on a 510-acre tract 20 minutes north of the resort.

President Casinos Reports Loss

For Q3, President Casinos reported a net loss of $0.8 million, or $0.15 per share, compared to a net loss of $2.6 million, or $0.52 per share, for Q3 2003.

Isle of Capri Mississippi Projects to Proceed

News Brief: The Isle of Capri may proceed with plans for a bigger gambling barge, and Boomtown may move its casino from leased property to land it owns.

CIBC World Markets Sets $650 Million Loan

CIBC World Markets is arranging a $650 million refinancing for Isle of Capri Casinos Inc., according to officials of the Biloxi, Miss.-based riverboat gambling operator.

Gaming Association Holding Strategy Planning Session

The Mississippi Gaming Association, one of two trade organizations in the state, will hold a meeting next month as part of a "strategic planning process," said incoming president Duncan McKenzie.

Isle of Capri Casinos Reports Promotions

Robert Norton has been promoted to vice president of gaming operations for the Isle of Capri Casinos, Inc. Michael Tamburelli has been promoted to vice president and general manager of the Isle of Capri Casinos, Inc. Kansas City, Missouri property.

Isle of Capri Casinos Reports Income Down

For Q2, the Isle of Capri reported net income of $0.5 million or $0.01 per diluted common share compared to net income of $10.7 million or $0.35 per diluted common share for Q2 2003.

Millions Spent Florida Slot Proposal Battle

News Brief: The Seminole Tribe spent more than $5 million trying to defeat a proposal that could bring slot machines to South Florida racetracks and jai alai frontons. South Florida's tracks and jai alai frontons spent nearly $15 million on the slot proposal.

President Casino Biloxi May Be Sold

News Brief: Chances are that the President Casino Biloxi will have new ownership, possibly with South Mississippi connections, by next spring.

Mississippi Official Wants Land Option Dropped

News Brief: Secretary of State Eric Clark has asked a group he organized to drop discussions of inland casinos as a means of protecting the coast's gambling industry.

Mississippi Judge Won't Reconsider Casino Barge Decision

News Brief: A Harrison County judge has refused to reconsider his ruling in August that the Mississippi Gaming Commission was wrong when it approved plans by Treasure Bay to move its casino barge to a man-made basin.

Mayor Seeks Advocate to Protect Casino Revenue

Biloxi Mayor A.J. Holloway is asking the City Council to finance an advocate to track any sign of legislation that would decrease the city's share of casino taxes to help close state budget deficits.

Judge Bars Move of Barge

The Mississippi Gaming Commission exceeded its authority when it approved plans by Treasure Bay to move its casino barge to a man-made basin outside of state waters, Harrison County Circuit Judge Robert H. Walker has ruled.

Gambling Transformed Biloxi

News Brief: The coastal resort community of Biloxi, Mississippi, has transformed itself over the last decade by doing what neighbors believe is unthinkable: by legalizing gambling.

Legislation Allows Board Member to Keep Casino Job

News Brief: Recently enacted legislation is allowing a Concordia Parish School Board member to keep her job at a Mississippi casino.

Beau Rivage Invests in Community Program

News Brief: Beau Rivage will invest $1 million in a community development program designed to increase the number of homebuyers and small businesses in disadvantaged areas of Mississippi, Louisiana and Arkansas.

Palace Casino Resort Clubs Opens

News Brief: Z, a highly anticipated new club at the Palace Casino Resort, opens to the public Friday with a special performance by the popular and nationally known rock group Tonic.

Biloxi Casino Project Rejected

News Brief: The Biloxi City Council has unanimously denied a Back Bay casino project.

Biloxi Postpones Casino Decision

News Brief: The Biloxi City Council tabled for two weeks a decision on whether to allow construction of a man-made basin for a speculative casino venture after Secretary of State Eric Clark raised objections.

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