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tombarnes

Tunica

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As there are several topics relating to Tunica's airport and the Myriad Resort, but nothing for general development in the area, I thought I'd start a general Tunica thread. To start this off, there is a plan afoot to incorporate the town of Robinsonville into an area known as "Tunica Resorts" which would encompass a wide area including nine casino properties. Whether this will go through is another matter. As noted in the article, casinos like predictability. especially when matters of taxation are involved. On the other hand, this could be the first stepping-stone to the eventual urbanization of the area. From the Biloxi Sun Herald...

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As there are several topics relating to Tunica's airport and the Myriad Resort, but nothing for general development in the area, I thought I'd start a general Tunica thread. To start this off, there is a plan afoot to incorporate the town of Robinsonville into an area known as "Tunica Resorts" which would encompass a wide area including nine casino properties. Whether this will go through is another matter. As noted in the article, casinos like predictability. especially when matters of taxation are involved. On the other hand, this could be the first stepping-stone to the eventual urbanization of the area. From the Biloxi Sun Herald...

An article in this week's Memphis Business Journal about some securities irregularities with Myriad:

http://memphis.bizjournals.com/memphis/sto...tml?jst=b_ln_hl

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Is this a good, bad, or neutral sign?

I suppose it's good that the stock is being traded again, but bad it had some "accounting" problems.

Keep in mind too, that according to the article, the principal that is developing the resort only has a 33% interest in the corp. that was in trouble.

Anyway, I just hope the outfit(s) aren't just fly by night with their Tunica proposal.

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Living in Memphis, it would be nice if I had a safe, reliable, and quick way to get down to Mississippi to spend money gambling and enjoying Tunica. I hope that Mississippi goes through with this.

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Champions Landing

A $25 m development called Champions Landing has been announced. This will be adjacent to the golf course. The developers claim that this is a "New Urbanist" development. We shall see....

Clarion Ledger

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It might take awhile--10 or 15 years--but I predict Tunica will eventually explode with growth and development, turning into a real resort-entertainment area.

It's no more preposterous than Las Vegas in 1945. Back then, no one would have thought that small town in the middle of a desert had any prospects. Sorta like Tunica being in the middle of cotton fields.

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I agree, sleepy, IF the couple of mega-projects go through as planned.

Well, I kinda think they will. Throw 5 megaprojects at the wall, and 3 of them stick. That's all that's needed.

Plus, you've got I-69--I-269 going through the area.

And with all the upcoming baby boomer retirements--that's a lot of potential customers and money for that sort of thing. Now, being from Memphis, I know that area gets cold in winter, but snow's virtually nonexistent. I live in Minnesota where folks are perfectly happy to play golf in sunny 40 degree weather. They would flip over a 60 degree day in January.

It's already happened that a lot of midwest and northern retirees have chosen the Ozarks or North Carolina over Phoenix and Florida and Texas--probably because of the cost, crime, pollution, etc.

I think Tunica could snare a bunch of them.

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I agree with you. If the developments are done correctly, Tunica and DeSoto County could really take off. I understand that the first Pan Am flight landed today at Tunica.

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Do any of you have pics of the Tunica Airport? I was curious if the terminal building has jetways or if it is just a walk out to the tarmac kind of deal.

No jet ways yet. Its only 3 times a week so the cost probably isn't justified but that can change if the Myriad gets going. The Myriad has a new CEO now :) Maybe the project is gaining too much steam for the former CEO to be both chairman of the board and CEO

http://www.hotel-online.com/News/PR2006_2n...06_JMeeske.html

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MGM Chairman Hints at Possible Expansion of the Gold Strike Casino

Terry Lanni, Chairman of MGM/Mirage, hinted that the Gold Strike may be in line for a major expansion or upgrade. I'm surprised it hasn't happened before now. Watch to see what plans may develop.

The Clarion Ledger

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Tunica Moves Toward Non-Gaming Development

Tunica is poised to grow beyond the gaming tables. Improvements in the schools will have to occur before the growth really catches up with DeSoto County. Fortunately, the low taxes in the county may foster additional growth. If Tunica can capture more residents, the area should see a building boom.

The Clarion Ledger

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Well, that's an encouraging sign! I have heard rumors about a groundbreaking in September, but nothing to substantiate them.

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Woo-hoo, I own a small amount of stock in Myriad. Oddly, the news of the land purchase

didn't move the stock price at all ? All in due time, I guess...

I have heard rumors about a groundbreaking in September, but nothing to substantiate them.

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