Casino Delays City of Natchez's Community Development Project Payments from its Initial Schedule
Right On, Let's Talk About Natchez's Casino Woes 🎲💰
'Mississippi ain't just all rivers and Blues these days, no sir! There's a bit of drama brewing in the small city of Natchez with Magnolia Bluffs Casino causing a stir. Saratoga Casino Holdings, the folks managing the joint, seems to be having trouble keeping up with payments to the city. Jan Griffey, from The Natchez Democrat, broke the story* this week.
Talking about the deal, Magnolia Bluffs Casino pays the city a cool million bucks yearly to operate at 7 Roth Hill Road. On top of that, they contribute to a community development fund.
So, what's the issue? City Clerk Meghan McKenzie dropped a bombshell at the Natchez Board of Aldermen meeting. Seems like the casino owes the city a staggering $535,286. That's $267,643 per year for 2024 and 2025 owed to the community development fund. Ouch!
But wait, there's more! If you're wondering who's got the reins at Magnolia Bluffs Casino, it's none other than Saratoga Casino Holdings. This gang's got their hands full in various U.S. casino projects. They run plenty of gaming venues, but in Natchez, the payment problems are very much local.
If you're keen to dig deeper into this story, getting in touch with local news sources or the Natchez Board of Aldermen would be your best bet for more deets. For now, it's clear we've got a bit of a payment predicament going down in Natchez. Keep your eyes peeled for more updates, folks! 🕵️🏻♂️💸
The financial troubles at Magnolia Bluffs Casino, a casino-and-gambling establishment in Natchez, are raising concerns within the industry as Saratoga Casino Holdings, the company managing the casino, is struggling to meet payments to the city. The ongoing situation has become a significant topic in Natchez's casino culture, with the casino owing a substantial amount of money to the city and the community development fund.
