Margaritaville Casino Biloxi Closing
- Margaritaville Casino Biloxi Closed
- Margaritaville Casino Biloxi Closing Weekend
- Margaritaville Casino Biloxi Closing Schedule
BILOXI, Mississippi -- Margaritaville Biloxi will close its doors 'on or before' Sept. 19, the casino told employees this morning.
The Board of Directors of Margaritaville Casino said they have been unable to put together a deal to build a hotel, and that means Margaritaville can't compete in the Biloxi market. The Margaritaville Casino and Restaurant in Biloxi, MS closed its doors on Monday after just two years in operation. Failure to build helped lead to the casino's closure. A day after closing the casino, the property's parent company filed for bankruptcy. A Gulf Coast casino has shut its doors - four days ahead of schedule.Jimmy Buffett's Margaritaville Casino and Restaurant was slated to shut down Sept. 19, but closed at 10 p.m. On Monday, to the. Officials with Margaritaville Biloxi Casino said Monday the casino will close no later than Sept. 19.File Photo/Gulflive.com BILOXI, Mississippi - It's official. Sometime between now and Sept.
BILOXI, Mississippi - Margaritaville Biloxi will close its doors 'on or before' Sept. 19, the casino told employees this morning. A call to the casino Monday morning seeking confirmation was answered by a security guard who said no one with the casino would be available until noon.
A call to the casino Monday morning seeking confirmation was answered by a security guard who said no one with the casino would be available until noon. Casino officials are apparently meeting with employees this morning.
11:27: Here's announcement city of Biloxi just sent out:
Margaritaville Casino & Restaurant has announced that it will be closing on or before Sept. 19, but will pay its employees until that time. The casino attributed the closing to its inability to resolve a dispute with its landlords necessary to secure financing for a new hotel and other amenities.
Margaritaville made the announcement to its employees this morning.
Margaritaville Casino Biloxi Closed
'Our hearts certainly go out to Margaritaville employees and their families,' said Biloxi Chief Administrative Officer David Nichols, 'and we're hopeful that the state's rapid response dislocated worker unit will be able to help these workers find new employment.
'Developments like this are not uncommon in the Mississippi gaming industry. We operate in a free-market system, and a number of factors come into play, including location, amenities, marketing, management and so forth. In the 20-plus years since gaming opened in Biloxi, we've seen a number of casinos come and go - Lady Luck, Gold Coast, Casino Magic, the President and the Biloxi Belle, to name a few - but the Biloxi casino market remains strong.'
Margaritaville Casino Biloxi Closing Weekend
Click here to read the company's announcement.
Margaritaville Casino Biloxi Closing Schedule
(This story will be updated.)