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The chips didn't stack up

10 months ago July 21, 2014 Jul 21, 2014 Monday, July 21 2014 Monday, July 21, 2014 6:49:41 PM EDT in News
Source: Associated Press

BILOXI, MISSISSIPPI- The Margaritaville Casino and Restaurant in Biloxi is closing on or before Sept. 19 and workers will be paid up to then.

Managers says the casino couldn't overcome and out-of-the-way location and lack of a hotel.

The owners had planned to invest $64 million to build a 250-room hot4el and overhaul the rest of the complex but couldn't resolve a dispute with a company that owns some of the land.

Margaritaville opened two years ago and is the newest of the 12 casinos along the Mississippi Gulf Coast. Eventually, 371 people will be out of jobs.

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