Harrah’s not likely to shed casino here
BILOXI - The private equity groups buying Harrah’s Entertainment may sell off properties to lower their debt, but they will probably hold on to Biloxi, according to casino analysts.
It boils down to taxes.
The percentage that Mississippi takes off the top is significantly smaller than most other states with gambling. [...]
BILOXI - Peter Simon, a former Las Vegas gambling executive, is developing a casino in D’Iberville without the two local businessmen who were his partners.
“For lots of reasons, it seemed better to proceed independently,” Simon said.
Simon no longer needs the waterfront property owned by Mark Seymour, Terry Moran and others to build a casino because [...]
The Mississippi Gaming Commission on Thursday OK’d site development plans for a casino in D’Iberville.
The commission approved plans for a casino development with a 400-room hotel with five or six restaurants and a land-based casino. Peter Simon is principal in West D’Iberville Development and owner of the site.
The commission approved the casino site, which is [...]
D’Iberville complex would include 400-room hotel, several restaurants
The Mississippi Gaming Commission is expected today to OK plans for a casino development in D’Iberville during a meeting at Beau Rivage Resort & Casino in Biloxi.
“I’m taking it to the commission as an approval,” said Larry Gregory, executive director of the commission.
The Mississippi Gaming Commission approved in [...]
BILOXI - The revenue from Coast casinos (Including Gulfport and Biloxi Casinos) pulled back slightly during November from pre-Katrina levels after having held steady or surpassing those benchmarks during the prior two months.
The Mississippi State Tax Commission reported that the casinos took in $95.8 million in gross revenues during November, a 3.4 percent decrease from [...]