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Gulf Coast gaming rebuilds after casino industry’s ‘single-biggest disaster’

BILOXI, Miss. — John Ferrucci recalls standing at the Broadwater Marina on a humid, late summer morning in August 2005, trying to determine the best way to slip the moorings of the President Casino barge and float it 35 miles west to Hancock County, where it would reopen as the Silver Slipper.

Gulf Coast casino workers call area’s recovery ‘amazing’

Hurricane Katrina wiped out the nation’s third-largest gaming market along the Mississippi Gulf Coast 10 years ago today, washing away 13 casinos and 17,000 gaming industry jobs. Some casino workers, who lost their homes and all their possessions, left the Gulf Coast forever.

Federal judge’s ruling favors Caesars Entertainment

A New York federal judge on Thursday denied a legal request by Caesars Entertainment Corp. bondholders that could have sent the entire casino company into bankruptcy.

Caesars shares rise as other gaming stocks slip

Shares of Wynn Resorts Ltd. hit a 52-week low as gaming industry stock prices slid with the rest of the stock market during Friday’s 530 point Down Jones tumble.

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