Making the News

Houston Chronicle

Originally Published:Monday, March 5, 2012

Fertitta to turn Biloxi hotel into Golden Nugget

By David Kaplan
Houston Chronicle

"Biloxi is an attractive market for casinos," said Joe Weinert, senior vice president of Atlantic City-based Spectrum Gaming group, a research and consulting firm for the casino industry. The city still is coming back after being devastated by Hurricane Katrina, he said, "but it's a year-round destination, and the Isle Casino Hotel site is right on the water."

Last year, Mississippi's casino industry took in $2.2 billion, down 7 percent from the previous year, Weinert said. Mississippi ranks sixth among states for casino revenue.

Weinert said the casino industry as a whole is experiencing a gradual recovery. He said Fertitta has done a good job of resurrecting the Golden Nugget brand.



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