Executives: Still no deal to keep Margaritaville Biloxi open - WLOX.com - The News for South Mississippi

Executives: Still no deal to keep Margaritaville Biloxi open

Margaritaville Biloxi executives have explored options to see if the casino can remain open past September 19, but a spokesman says no deals have been worked out yet. (Photo source: WLOX) Margaritaville Biloxi executives have explored options to see if the casino can remain open past September 19, but a spokesman says no deals have been worked out yet. (Photo source: WLOX)
BILOXI, MS (WLOX) -

We continue to ask questions about Margaritaville's future in Biloxi, and whether 350 people are about to lose their jobs. The answer we got Monday is similar to what we've heard the last six weeks. No decisions have been made yet.

Back in July, Margaritaville managers told their employees they're guaranteed to receive paychecks until September 19th. Since that announcement, Margaritaville executives have explored options to see if the casino can remain open. But a spokesman says no deals have been worked out yet.

Those executives say the Back Bay casino needs a hotel to compete in the Biloxi market. But, they claim a lease battle with their landlord makes funding that hotel virtually impossible.

Margaritaville Biloxi isn't the only casino struggling these days. In Atlantic City, the show is over for the Showboat Casino Hotel. The Mardi Gras-themed casino shut down Sunday after 27 years on the Boardwalk. It's the fourth Atlantic City casino to announce it's shutting its doors this year.

By the time this month is over, nearly 8,000 casino employees in Atlantic City will be out of work.

Copyright 2014 WLOX. All rights reserved.

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