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January 28, 2008
VICKSBURG, Miss. -- Plans for a sixth Vicksburg casino and golf resort, named the Mississippi Bluffs, are cancelled following the death last month of the landowner. The Las Vegas-based American Gaming Enterprises were negotiating with the owner Paul Bunge, to buy the gaming portion of the $190 million development on the former Vicksburg Chemical land south of the river bridges. CEO Paul "Sonny" Marshall said "We just looked at conditions and the market and decided not to do it. We're basically out of it." He said their decision was made prior to Bunge’s death. The original plans for the Mississippi Bluffs featured a 50,000-square-foot casino with 1,500 slot machines and 36 table games. It would sit on pilings on the Mississippi River. A hotel with 232 rooms would overlook the casino and an 18-hole golf course was to be designed by U.S. Open champion Hale Irwin. American Gaming Enterprises will continue looking at developing a Las Vegas-style riverfront casino in Natchez at the bottom of Roth Hill Road. CEO Marshall confirmed they had proposed a joint venture with the Lane Company, who has an agreement with Natchez city officials to pay $1 million annually for use of the riverfront property. Return to Mississippi Casinos. |
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