Will the Gold Coast in Biloxi be a reality?? RW Development says a casino proposal they’ll present to Biloxi’s Planning Commission on Thursdays will be for the new Gold Coast.
The Gold Coast Resort would be the latest investment made by RW Development in the Biloxi strip. It’s South Beach condominium is out of the ground. And a Veterans Place development with apartments and shops could be built north of the tracks in three months. It turns out, those projects could be considered RW Development’s appetizer.
The location would be at Veterans Avenue and Highway 90. For those of you who are not familiar with the location, it would be located near the Treasure Bay.
Complete article from the WLOX:
RW Development Ready To Pitch A Biloxi Casino
Here are some initial sketches.
BILOXI – The gross casino revenue was just released for the first month of 2008 at Biloxi’s eight casinos and figures are the highest since September 2007 but lower than last January.
The casinos won $80.4 million for Jan. 2008 compared to $85.9 million in Jan. ’07.
Prior month earnings were $78.3 million in December, $80.3 million last November and $86 million in September ’07.
The revenues for all the casinos on the Coast and in the state will be posted next week.
Source: Sun HeraldÂÂ
BILOXI, Miss. — Mississippi casino officials expect 2007 to have been a record-breaking year for gaming revenue.
Larry Gregory, executive director of the Mississippi Gaming Commission, said “There’s no doubt it will be a record.”
Early last year, Gregory set the ambitious goal of reaching $3 billion for the Mississippi casinos.He said the numbers will fall shy, but “it’s going to be very close.”
The Mississippi State Tax Commission posts the Casino Gross Gaming Revenue around the middle of the month, based on the money gamblers wagered and lost at casinos. The December numbers will show both the month and the year-end tally.
Source: WAPT
