CasinoCityTimes.com

Gurus
News
Newsletter
Search News Subscribe
Stay informed with the
NEW Casino City Times newsletter!
Newsletter Signup
Stay informed with the
NEW Casino City Times newsletter!
Related Links

Gaming News

 

Tunica casinos hit by economic woes

19 May 2008

TUNICA, Mississippi -- As reported by the Mississippi Commercial Appeal: "Tunica, a county built on having the odds in its favor, is going through a rare rough stretch.

"Gambling revenue and hotel occupancy, two crucial economic indicators, are down.

"In the first three months of this year, revenues from gambling fell 5 percent -- down $22 million from where they were in 2007, according to reports by the Mississippi Gaming Commission. The number of people who visited casinos fell 6 percent.

"...Tunica County, a place where 92 percent of the jobs are tourism-related, is feeling the effects of the economic downswing. The county, which gets 4 percent of casinos' gambling revenue, will see a $1.5 million to $3 million decrease this year, officials said.

"...As more people watch their wallets and pocketbooks, casinos are having to spend more to lure them in..."

< Gaming News