VICKSBURG, Miss. — Grand Station Casino has closed in Vicksburg, affecting 230 employees.
The Vicksburg Post reports that casino officials began escorting employees from the casino about 11 a.m. Wednesday and security guards turned prospective gamblers away.
Vicksburg Mayor Paul Winfield says the city would work with companies interested in acquiring the casino.
The action came after Bally Gaming Inc. told the casino owners that it wanted to see some money or it would go ahead with a foreclosure auction on April 17.
A foreclosure sale had been scheduled for Monday but was canceled when Bally’s and Delta Investments and Development, the owner of Grand Station Casino, agreed to more talks.
Bally’s said it is owed $3 million given Delta to buy new equipment and make renovations to the downtown Vicksburg casino.
“This has a half million dollar negative impact on our city,” Vicksburg Mayor Paul Winfield said Wednesday. “We were hoping that the parties involved could come to an agreement, but that could not happen.”
Winfield said the city would work with companies interested in acquiring the casino.