Foundation games to Buy DiamondJacks Casino & lodge in Vicksburg

Foundation games to Buy DiamondJacks Casino & lodge in Vicksburg

Gulfport-based gaming management Foundation video gaming people launched on that it would buy DiamondJacks Casino & Hotel in Vicksburg, Mississippi monday.

The casino initially unwrapped doors in 1993 and was first run beneath the Isle of Capri brand name. The location got the first of your type or kind in Vicksburg. In 2006, Legends Gaming bought the gaming land. Later, it proclaimed bankruptcy not merely when, but twice.

Foundation video gaming didn’t display how much it might pay money for the casino. The purchase package was at the mercy of approval that is regulatory the Mississippi video gaming payment is to vote throughout the sale on Thursday.

Les McMackin, Chief surgery & advertising and marketing Officer for Foundation games, asserted that the user would borrow funds through the casino’s current owners, to be in a position to completed the purchase. DiamondJacks’ current proprietors happened to be lenders whenever tales proclaimed the 2nd bankruptcy proceeding. They made a decision to maintain the location functional in the place of shutting it. Tales could just recover a tiny portion of the $300-million obligations and also the casino was at likelihood of are liquidated.

Mr. McMackin said that the gaming site would continue functioning as typical. It presently employs 300 society. Basis Gaming can also be considering a long-lasting plan for the ongoing future of DiamondJacks. Okumaya devam et “Foundation games to Buy DiamondJacks Casino & lodge in Vicksburg”