Making the News

Houston Chronicle

Originally Published:Monday, March 5, 2012
http://www.mysanantonio.com/business/article/fertitta-to-turn-biloxi-hotel-into-golden-nugget-3383781.php

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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