Issue 194
May 31 - June 6, 2004
Volume 4
page 2
 

2nd Hancock casino envisioned
As reported by The
Sun Herald

BAYOU CADDY - Developers will apply for a gaming license that could bring a second casino to Hancock County on a site that was home to two previous casinos.

The Silver Slipper Gambling Hall and Saloon would be located at 5000 South Beach Blvd. The riverboat casino would have 24,000 square feet of gaming space for 750 slot machines and 29 table games, according to the permit application. The legal notice for the application will begin running Saturday in The Sun Herald.

Paul Alanis, a former top executive with Horseshoe Gaming and Pinnacle Entertainment, is one of the developers, along with Cliff McCarlie, Gene McCarlie Jr. and Eric Nelson, said their attorney, Ben Stone. They own Dynasty Development Group LLC of Las Vegas.

The McCarlies and Nelson are former heads of Phoenix Leisure, which has been trying to build a casino at the Bayou Caddy site since 1998. Phoenix owns a riverboat casino that had operated in Windsor, Ontario. That boat has been docked at Bayou Caddy since fall 2002.

The McCarlies got an operators license from the Mississippi Gaming Commission in 1999, but surrendered it in February 2003. The brothers said at the time that they planned to return to the commission with a third party who would apply for an operators license, and they would seek a management license.

Two casinos have operated on the site. Jubilee Casino, one of the first casinos on the Coast, brought in the smaller Jubilation riverboat in October 1995. The financially strapped Jubilation was shut down by the gaming commission in July 1996.

The first step for the Silver Slipper is to get site approval from the gaming commission. Dynasty will then have six months to present a development plan to the commission, or surrender its license. The casino must open within two years of receiving site approval.

 

 

 


U.S. appetite for gambling grew in '03
As reported by CBS MarketWatch

In its annual survey of casino revenue, visitation and demographics, the American Gaming Association trade group found that 53.4 million people visited U.S. gambling halls in 2003, a jump of about 2 million from the year before.

Bettors made a total of 310 million trips to the nation's 443 commercial casinos, generating about $27 billion worth of gross gambling revenue. That is up 2 percent from 2002, but more than double the figure 10 years ago.

While that is less than the $41.5 billion Americans spent on fishing, it tops the $23.8 billion spent on DVD/VHS rentals and sales, the $10.3 billion shelled out at amusement parks and the $9.5 billion dropped at the movie box office.

Plus, the $27 billion figure does not include money spent on hotel rooms, meals and entertainment -- a substantial and growing piece of the industry pie.

Nevada earned its crown as the king of gambling markets, with $9.6 billion in gross gaming revenues, followed by New Jersey at $4.5 billion, Mississippi's $2.7 billion and Indiana's $2.2 billion. Louisiana, with $2 billion, rounded out the top five.

Celine Returns to the Stage After Injury

LAS VEGAS -- Celine Dion and the entire cast of A New Day... returned to The Colosseum stage at Caesars Palace on Wednesday, May 26th after a two-week hiatus. Celine had sprained a muscle in her neck during a performance Mother's Day week and was under doctor's orders not to perform to ensure that the neck muscle would heal properly.

"I know I don't have to talk to you about the last two weeks...because I could talk for hours," said Celine as she addressed the rapt audience early in the show. "But things happen and sometimes we get injured," she tearfully continued. "I've missed being here, I've missed you and I wanted to take a moment to thank you for giving us the privilege to perform for you."

Celine Dion

Caesars Palace : Celine Dion, who shares the stage with an international cast to mesmerize audiences with a fusion of song, dance, theatre, and technical innovation, performs at The Colosseum at Caesars Palace.

Date: June 16 - 20, 2004

Price: from $79.55

Time: 8:00pm

 

For more information please call: (702) 866-1400

 
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