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VOL. 133 | NO. 51 | Monday, March 12, 2018

Daily Digest

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Year Starts Lower for Tunica Casinos

The new year hasn’t started the way Tunica casinos might have liked.

Figures from the Mississippi Gaming Commission for January show gross gaming revenue declined from January 2017 by about 13.4 percent, from $44.8 million to $38.8 million.

In January of 2016, the Tunica casinos reported gross gaming revenue of $53.5 million.

Throughout Mississippi, gross gaming revenue at the Northern (Tunica), Coastal and Central casinos tracked by the commission slipped by 9 percent year-over-year in January, declining from $166 million to $151.4 million.

The Tunica properties have continued to see declines since the Great Recession and had a particularly difficult year in 2011 when massive flooding from the Mississippi River caused the casinos to close down for several weeks.

Some gaming patrons who visited Southland Park Gaming & Racing in West Memphis, Arkansas, during that time may not have returned to gamble in Tunica. Southland Park has seen business increase over the past decade as revenue has declined in Tunica.

– Daily News staff

Southwest Adds Nonstop MEM Service to Denver

Southwest Airlines has announced that it will begin a new nonstop route from Memphis International Airport to Denver International Airport effective Oct. 3.

The daily flights to and from Denver will operate out of a 143-seat Boeing 737 aircraft.

The new nonstop flight is Southwest’s seventh destination from MEM, joining Baltimore, Chicago, Dallas, Houston, Orlando and Tampa.

“We are excited to see Southwest expanding its presence at MEM,” Pace Cooper, chairman of the Memphis-Shelby County Airport Authority board, said in a release. “This provides our passengers with another option to connect to Denver and will increase one-stop connectivity to the West Coast.”

More information about this flight can be found at flymemphis.com/flights

The full schedule:
Weekdays: Memphis to Denver departs 10:30 a.m., arrives at noon; Denver to Memphis departs 3:35 p.m., arrives 6:45 p.m.
Saturday: Memphis to Denver departs 10:45 a.m., arrives at 12:15 p.m.; Denver to Memphis departs 12:05 p.m., arrives 3:15 p.m.
Sunday: Memphis to Denver departs 12:50 p.m., arrives: 2:25 p.m.; Denver to Memphis departs 10:50 a.m., arrives at 2 p.m.

– Patrick Lantrip

Arlington High, UT-Martin Partner on Nursing Program

Arlington High School, in partnership with the University of Tennessee at Martin, is expanding its Health Science Career Cluster to now include pre-nursing.

Beginning in the coming 2018-2019 school year, students can enroll in the Special Topics: Pre-Nursing class as a dual enrollment course worth three college-level credits.

“We are thrilled to team with UT-Martin to provide what we believe will be a very popular program at Arlington High,” said superintendent Tammy Mason. “So many of our students want to pursue nursing in college, and this class will help provide a critical foundation for our students interested in this field.”

Brian Donavant, interim executive director at the Office of Educational Outreach at UT-Martin, called the partnership is a win-win for both institutions.

“We are excited to partner with Arlington Schools to facilitate student success and help ease the transition from high school to college,” Donavant said.

The new course joins the existing Emergency Services Program in partnership with the Town of Arlington.

Students will begin with levels 1-3, which include Health Science Education, Anatomy and Physiology, and Medical Therapeutics. Once completed, students in their senior year can choose one of two paths: Nursing Services or Emergency Services.

The course, which will be taught in person by a UT-Martin professor, is designed to introduce students to the world of nursing, including professional nurse practices, pharmacology, how to monitor blood pressure and heart rates and much more.

UT-Martin said it is the first time the university has offered the course on-location inside a high school.

Mason said the district is excited about the change from an online only to in-person program.

– Daily News staff

U of M Getting $6.6 Million Technology Infrastructure Upgrade

The University of Memphis is conducting a $6.6 million upgrade to its network to improve speed, reliability and security for students, faculty, staff and guests. The U of M has selected Aruba Networks to provide equipment for the network upgrade.

“This investment in our technology infrastructure underscores the university’s commitment to academic and research missions, and will enhance student success by providing an improved network experience as well as capacity for future growth,” said Robert Jackson, U of M chief information officer.

The upgrade will improve the network experience at all campus locations by increasing network performance; improving reliability and security; enhancing manageability for emerging technology needs and challenges; and building capacity for future growth.

The number of wireless access points at all campus locations will increase by 44 percent, and the network infrastructure will be upgraded to support a minimum speed of 10 gigabits.

The project kickoff is slated for this month.

– Don Wade

Memphis Investment Firm Wins Industry Award

Highland Capital Management in Memphis has been awarded a Top Guns designation by Informa Investment Solutions’ PSN manager database, North America’s longest-running database of investment managers.

The recognition is based on the performance of Highland’s Core Fixed Income product for quarter ending Dec. 31. That product provides a broad, financial analysis of its client assets, allowing market inefficiencies to be fixed and creating value for clients.

The PSN Top Guns rank, with six possible categorical achievements in over 50 different spheres, is acquired through performance screenings and detailed judging criteria. Companies are given a rating of one to six stars, with the number of stars representing continued performance over time.

A subsidiary of Argent Financial Group, Highland Capital Management was established in 1987 and manages nearly $2.96 billion in assets for individuals, foundations, endowments, private, public and corporate sectors including equity, fixed income portfolios and exchange-traded funds.

– Andy Meek

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PROPERTY SALES 78 78 13,921
MORTGAGES 93 93 16,098
BUILDING PERMITS 242 242 28,995
BANKRUPTCIES 59 59 8,985

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