Casino Census: Big changes on the way...

Casino Census: Big changes on the way to South Mississippi casino market

There are 1 comment on the story from Jun 2, 2012, titled Casino Census: Big changes on the way to South Mississippi casino market. In it, reports that:

COURTESY OF HARRISON COUNTY TOURISM COMMISSIONCasino Row in Biloxi before Hurricane Katrina shows clockwise from top, Palace Casino, Isle Casino, Casino Magic and Grand Casino Biloxi.

Join the discussion below, or


Mcnary, AZ

#1 Jun 6, 2012
All they're doing is super-saturating the market. The article notes 2 million fewer ppl come each year. That's because a lot of the ppl who left here & New Orleans after Katrina who came to the casinos, never came back.
Gaming revenue still hasn't returned to the 2007 levels when it 'peaked'. And that's BEFORE we adjust for inflation. If we adjust for inflation its much much worse.
And now they've ADDED casinos -- meaning the pie gets cut that much smaller with each slice.
Its over-saturated, & from what I'm told by someone I know who works @ Margaritaville -- after the Buffett concert & the glitzy opening, tips/revenue is already collapsing @ Margarita.
By next year don't be shocked if they make less than the Palace. Its hard to find, hard to get to, & they don't have a hotel.
Same with the one opening in D'Iberville -- it'll just take more revenue from the Biloxi casinos. The pie is smaller, & its getting cut in a lot smaller slices these days. All the while taxes are going to go up -- long term this won't be good.

Tell me when this thread is updated:

Subscribe Now Add to my Tracker

Add your comments below

Characters left: 4000

Please note by submitting this form you acknowledge that you have read the Terms of Service and the comment you are posting is in compliance with such terms. Be polite. Inappropriate posts may be removed by the moderator. Send us your feedback.

Gulfport Discussions

Title Updated Last By Comments
MNL Truck Sales (Aug '11) Fri Upset 71
Public Pool Aug 26 weedz 1
City hall Aug 25 RRR 3
City hall Aug 25 RRR 1
News Ocean Springs group takes first step in process... Aug 20 Benton 1
Review: New Wave Internal Medicine (Aug '15) Aug 18 Galaxy 3
Anybody know anything about Dixie Mafia involve... (Jul '09) Aug 15 Same Ole Criminals 115

Gulfport Jobs

More from around the web

Personal Finance

Gulfport Mortgages