Gulf Coast Gaming News & Casino Updates

Gulf Coast Gaming News & Casino Updates

By Marcus Bennett

December 21, 2024 at 12:56 AM

The Mississippi Gaming Commission (MGC) has approved a new casino resort site in Biloxi, marking potential for the first new Gulf Coast casino development since the region's last opening.

Recent developments across the Gulf Coast gaming sector include:

Notable Events

  • A fatal shooting at a Mississippi casino resulting in federal indictments
  • Louisiana casinos facing nine consecutive months of revenue decline
  • WaterView Casino's removal of an unexpected wildlife visitor
  • Cordish Companies' $270M Live! Casino Hotel Louisiana project in Bossier City

Legal Developments

  • Beau Rivage Resort & Casino facing a jury trial over alleged false imprisonment
  • Court proceedings regarding a violent incident where an attacker hoped the Beau Rivage Casino would "put victim back together"
  • Louisiana exploring potential elimination of sports betting commercials
  • Mississippi considering casino law amendments following Biloxi project controversy

Financial Updates

  • Sports betting revenue increase in Mississippi
  • Louisiana riverboat gaming revenue decline in April
  • Treasure Chest Casino near New Orleans transitioning to land-based operations

Property Updates

  • Former Margaritaville Casino in Biloxi sold to new owners
  • Alabama casino boats damaged during storm, affecting local infrastructure
  • Hard Rock Tampa security incident resulting in 18-year sentence for ISIS supporter

Regional Impact The Gulf Coast gaming market continues to evolve across Texas, Louisiana, Mississippi, Alabama, and Florida, with new developments and challenges shaping the industry's future. Recent regulatory approvals and property investments suggest continued growth despite revenue challenges in certain markets.

The region's gaming industry remains dynamic, with ongoing developments in security, regulatory compliance, and property expansion shaping its trajectory.

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