:: Casino Mississippi Riverboat News
Boyd Gaming Makes a Blue Chip Investment (Rolling Good Times)
When Iowa became the first state to legalize riverboat gambling in 1989 and the first boats began cruising the Mississippi River two years later, it marked the first time state-sanctioned and regulated casino gambling was conducted in the United States outside of the state of Nevada and Atlantic City.
Casino company merger headed over final hurdle (Las Vegas Review-Journal) (Hotel Online)
Apr. 16--Illinois gaming authorities were receptive to an MGM Mirage proposal over the management structure of a riverboat casino that could lead to the final regulatory approval necessary in the company's $7.9 billion buyout of the Mandalay Resort Group.
Illinois Gaming Board Approves the Escrow of Mandalay's Interest in the Grand Victoria (PR Newswire via Yahoo! Finance)
MGM MIRAGE and Mandalay Resort Group today jointly announced that the Illinois Gaming Board approved by a 4-0 vote the transfer of Mandalay's 50% ownership interest in the Grand Victoria riverboat casino into an escrow account.
Ill. gaming board approves casino sale (Chicago Sun-Times)
Illinois Gaming Board members on Thursday unanimously approved the sale of Mandalay Resort Group to MGM Mirage Inc., the world's second-largest gambling company, removing the final hurdle to the deal closing next week.
President Casino sells assets in Biloxi, Miss. (El Nuevo Herald)
President Casino sells assets in Biloxi, Miss. ST. LOUIS - President Casinos Inc. has completed its $82 million sale of its Biloxi, Miss., assets, looking to use the proceeds to pay down debt under its restructuring effort, the St. Louis-based casino operator said.
Harrah's closing on Monday (Northwest Indiana Times Business)
EAST CHICAGO | Sunrise Monday is likely to mark the dawn of new ownership for city-based Harrah's casino. Plans are for Harrah's Entertainment Inc. to close out its East Chicago operation beginning at 6 a.m. Monday, said Harrah's Central Division President Anthony Sanfillipo.
Illinois Gaming Board OKs Mandalay sale (El Nuevo Herald)
CHICAGO - The Illinois Gaming Board on Thursday unanimously approved the sale of Mandalay Resort Group to MGM Mirage Inc., the last step needed for the deal to close next week.
President Casino sells assets in Biloxi (The Biloxi Sun Herald)
ST. LOUIS - President Casinos Inc. has completed its $82 million sale of its Biloxi, Miss., assets, looking to use the proceeds to pay down debt under its restructuring effort, the St. Louis-based casino operator said.
New gambling panel targets casino license (Chicago Tribune) (Hotel Online)
Apr. 15--The newly revamped Illinois Gaming Board on Thursday began the process of undoing a previous board's decision to put a casino in suburban Rosemont, adding yet another twist to a years-long melodrama that has cost the state dearly in lost tax revenue.
I Am Positive (River Cities' Reader)
As a longtime Rock Island resident, I followed the ongoing saga of Davenport's proposed relocation of the Rhythm City Casino gaming complex with an attitude of bemused detachment. Having recently moved to Davenport, I've found the issue to be of more immediate interest.
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