Issue 197
June 21 - 27, 2004
Volume 4
page 2
 

Mississippi Gaming Commission Approves
Site Plans for 3 Casinos
As reported by The Sun Herald

NATCHEZ, Miss. -- The Silver Slipper Gambling Hall and Saloon moved two steps toward becoming a reality Wednesday, when the Mississippi Gaming Commission approved the Bayou Caddy site and the development plans.

Two other projects, the massive $523 million Myriad World Resort in Tunica County and the $30 million Bali-Hai Casino & Resort in Greenville also received site and development approval from the commission, which held its monthly meeting in Natchez.

The Silver Slipper is on track to be the first of the three projects to open. The project's developers said they will return to the commission in August to get a notice to proceed and hope to have the Silver Slipper open by Independence Day 2005.

The Silver Slipper will be the third casino to open on the Bayou Caddy 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 closed by the gaming commission in July 1996.

The Myriad Botanical Resort will need more than $4 million in monthly revenue to be successful. The Tunica County resort would be the most expensive casino built in Mississippi since Beau Rivage.

The resort will feature a 1,200-room hotel, 375,000-square-foot convention center, water park, gardens and an 18-hole championship-quality golf course -- all enclosed in a clear vinyl and Teflon dome.

"This will be truly spectacular," said Scott Hawrelechko, the project's developer and a native of Edmonton, Alberta. "This is what Tunica needs to grow -- things that aren't just gambling."

Hawrelechko has two years to secure the financing for the Myriad resort and go back to the gaming commission for approval to proceed.

 

 

 


Pinnacle Entertainment Announces Name of Its Lake Charles Resort Casino

LAS VEGAS -- Pinnacle Entertainment has decided on the name L'Auberge du Lac Hotel & Casino for its Lake Charles project. French for "The Inn on the Lake," the name was chosen to reflect Louisiana's unique heritage and the property's beautiful setting.

L'Auberge will provide a unique addition to the Louisiana gaming market. Inspired by the architecture of both Southwest Louisiana and the Texas Hill country, the resort will feature a large, single-level casino, over 700 guestrooms and suites, several high quality restaurants, extensive meeting and entertainment space, a lavish pool area, a luxurious spa, and a championship golf course designed by world-renowned golf architect Tom Fazio.

"L'Auberge will be Southwest Louisiana's first and only gaming resort where you'll experience unparalleled services and amenities in an exciting Las Vegas-like atmosphere," said Alain Uboldi, general manager of the property and Pinnacle's regional vice-president. "It will be very different from what visitors to Southwest Louisiana have experienced in the past."

Scheduled to open in Spring 2005, L'Auberge is being built on 227 acres of land off the I-210 loop in Lake Charles, Louisiana. A live webcam of the work in progress can be accessed at the Company's corporate website at www.pnkinc.com.

 

European Union's First Licensed
Online Gaming System

As reported by The Online Casino News

Malta's WorldMatch has become the first online gaming system licensed and regulated fully by an EU member country. This is the first casino operation of its kind in the newly created Maltese gaming jurisdiction since the island's recent legislative reforms.

Although online operators currently exist Europe in places such as Alderney and the Isle of Mann, these are self-governing British Crown dependencies, and not members of the European Union.

"WorldMatch is a pilot project," said Alessandro Fried, President of WorldMatch. "It's been conceived by experts and it's supported by Italian stakeholders, who decided to support a creative idea in the online gaming sector, but with a strict monitoring".

The new Maltese regulation is defined by strict adherence to responsible gambling practise and the Worldmatch system is unique in that it stops every hour so that checks can be carries out on the age of players.

"WorldMatch firmly believes that creating and managing a casino means shouldering moral responsibilities," said Mr. Fried. "The choice fell on Malta, from the 1st May member country of the EU; it's a country offering guarantees of reliability and political stability with a very strict regulation, making checks on players compulsory, restrictions on games and anti-money laundering control".

Over the next two years, WorldMatch expects a turnover of 200 million EUR.

Mamma Mia!

Mandalay Bay : Benny Andersson and Björn Ulvaeus' musical phenomenon is now playing at the Mandalay Bay, with 22 of ABBA's greatest hits ingeniously woven into a hilarious and enchanting story set on an idyllic Greek island, MAMMA MIA! has audiences singing and dancing with joy.

Date: Monday - Thursday, Saturday & Sunday

Price: from $53.00

Time: Monday - Thursday 7:00pm ; Saturday & Sunday 5:00 pm & 9:00 pm

 

For more information please call: (866) 266-5834

 
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