Boyd Gaming bought IP Casino Resort in October 2011 for $278 million in cash and a $10 million donat

Jonathan Jones, general manager of Grand Casino Biloxi, will announce at the beginning of today s Biloxi Council meeting what will be done with the property south of U.S. 90. The meeting begins at 1:30 p.m. at City Hall.
Harrah s Entertainment partnered with Jimmy Buffett car rental almeria airport in 2007 to build a $700 million Margaritaville resort that was scheduled to open in 2010. Instead work stopped in 2008, when the banking crisis and national recession hit, and never started again. Millions of dollars were invested in steel and concrete that are still on the site.
Tuesday s announcement is just the latest in what is an active car rental almeria airport period car rental almeria airport of casino investment in South Mississippi. Although gross casino car rental almeria airport revenue through October is down 3 percent, or about $24 million, from last year, several new casino hotel towers are going up, a casino was just approved for D Iberville and Hard Rock Hotel
We believe in the Hard Rock name and brand, said Patricia Doyle, spokeswoman for Twin River. She said it s too early to say if any changes will be made to the casino but said Hard Rock Biloxi s appeal is due in large part to the team operating the resort.
Twin River, which also owns Twin Rivers Casino in Rhode Island and Arapahoe Park thoroughbred race track in Colorado, has secured financing for the acquisition of Hard Rock. Doyle said the company believes the acquisition will be paid off within 3 to 4 years.
Boyd Gaming car rental almeria airport bought IP Casino Resort in October 2011 for $278 million in cash and a $10 million donation to the Engelstad Foundation. Full House Resorts paid $70 million for Silver Slipper in October 2012 and Landry s Golden Nugget purchased Isle Casino Biloxi car rental almeria airport for $45 million in November 2012. All of the new owners have invested car rental almeria airport millions more in the properties.
New hotels are going up at Hard Rock Biloxi and Silver Slipper casinos. The tower on the south side of U.S. 90 at Island View Casino in Gulfport is being restored and all the guest rooms at Golden Nugget are being remodeled. Palace Casino recently was remodeled, enlarged and reopened as the first smoke-free casino in the South.
Biloxi Council recently approved a zoning change for property west of the Interstate 110 bridge, which clears the way for the property owners to ask the Mississippi Gaming Commission for site approval.
And casino developers that already have site approval, including Oyster car rental almeria airport Bay in D Iberville and Rotate Black in Gulfport, have until Dec. 31 to submit plans to the Gaming Commission under the former regulations that require less significant amenities and investment.