Island View has green light to build a casino

The Mississippi State Port Authority Commission voted unanimously to modify the lease with casino operators Rick Carter and Terry Green allowing them to secure the funding for the projected casino.

US.- Island View Casino opened its US$58 million hotel tower last year and now it got permission to build a casino on the south side of U.S. 90. The Mississippi State Port Authority Commission voted unanimously to modify the lease with casino operators Rick Carter and Terry Green allowing them to secure the funding for the projected casino.

“The Port of Gulfport’s amendment to Island View Casino’s lease allows us to plan on investing approximately US$75 million in a new casino to complement our recently opened beach tower,” said Carter, co-owner of Island View Casino Resort. “We are very excited about this project, and we expect to have final plans to show within the next few months.”

“The Commission’s willingness to reduce future revenues and to allow Island View to pursue further expansion efforts, solidifies the company’s position in South Mississippi’s gaming market”, said Jonathan Daniels, MSPA executive director and CEO. “The structure of this new agreement will also allow for significant increases in tax revenue for the state of Mississippi, Harrison County, and the city of Gulfport.”

Gov. Phil Bryant said in a press release: “I commend the State Port for having the foresight to negotiate an amendment to its lease with Island View, setting the stage for additional employment opportunities in one of the state’s strongest industry sectors.”