February 16th, 2011 – by Glen Farmer
Jimmy Buffet’s Margaritaville Casino and Restaurant has recently been given the go-ahead by the Biloxi City Council to begin developing the casino project in the city. The casino is expected to be 60,000 square feet of gaming, restaurants, and event centers.
“We’re happy that they approved the project and are working with us to get it going.,” stated Michael Cavanaugh, the attorney for developers with the project.
The casino will be set up off of 5th street, on the edge of Back Bay. The enormous casino will generate new funds for the state, as well as provide more entertainment for people in the area with a fresh new theme of gaming.
Using Jimmy Buffet as an iconic identifier, the casino is likely to prove fairly popular with locals in the region.
The casino is anticipated to create roughly 700 jobs for the city.
A casino with such a theme is likely to aid the state in the generation of money from gambling. The year of 2010 failed to provide as much or more than 2009’s gambling revenue, as the casinos’ gaming win had dropped 3 percent from 2009 to 2010.
In 2010, the state’s licensed casinos won only $2.39 billion.