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Choctaw's Silver Star continues on profitable course
Posted: Sep 04, 2008 13:50:29
The Mississippi Band of Choctaw Indians continues to strike gold in Neshoba County with the Silver Star Casino and Resort.
Managed by Boyd Gaming, which is regulated by the Bureau of Indian Affairs, the Silver Star boasts five-star restaurants, a 500-suite hotel and a nationally ranked 18-hole golf course. It's one of the largest casinos in the state, but it doesn't disclose its revenues. However, increases in earnings before interest, taxes, depreciation and amortization (EDITDA) were up 8% for Silver Star in the last six months of 1997, according to information obtained from Boyd Gaming.
Expansions at the Wayne Newton-endorsed casino are signs that it is very profitable. There are 769 ...