Holding Margaritaville

Jimmy Buffett is one step closer to sharing in the gambling revenue his Parrotheads generate for his Margaritaville casino at the Flamingo in Las Vegas.

The Nevada Gaming Control Board recommended March 7 the singer’s holding company be approved for a gambling license, setting up a final hearing later this month.

Board members questioned Buffett for about 15 minutes and asked him about two incidents in which he was accused of having drugs.

Buffett said that when the Jamaican military mistook his plane for smuggling drugs in 1996, they fired 115 shots at him but later apologized for the “Jamaica Mistaka.”

French customs officials detained him in 2006 and suspected he was carrying Ecstasy, but Buffett said it was actually heart palpitation medication and he was released quickly.