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Casinos Excel

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Uploaded by on Sep 19, 2008

http://www.EmploymentCrossing.com Gulf Coast casinos pulled in gross revenues of $121 million in August, despite closures due to Hurricanes Fay and Gustav. Even though the casinos were shut down on August 31st in anticipation of the storm, they topped the previous record set last August of $112 million. Larry Gregory, executive director of the Mississippi Gaming Commission, said despite the slow economy and high fuel prices, the Gulf Coast market continues to defy the pessimists. The numbers would have been even higher if Gustav hadn't come on Labor Day. The combined revenue of all Mississippi casinos was $238.1 million. "Certainly the Gulf Coast is bucking the national trend," said Joseph Weinert, senior vice president of Spectrum Gaming Group in Atlantic City. "That has to be very encouraging for the investors who have or are planning to put substantial funds into projects."

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