Gulf Coast Casinos See a Rise in July Numbers
The Gulf Coast region, which was known for it's gambling prowess before Hurricane Katrina, is again flexing its muscle in the casino gambling industry.
The July numbers are in and coastal casinos saw their numbers rise to 74.4 million in gross gambling revenue. That is an increase of 15 percent, or 9.8 million over their June numbers.
Coming off a July last year in which Coastal casinos had their worst numbers in 7 years, mainly due to a threat of hurricane Dennis, the increase in numbers is welcomed news in the area.
Anthony Sanfilippo, the operations president for the central United States of Harrah's Entertainment said, "That's a great statement about what's happening in this market."
Indeed it is, for a market looking to rebound from the devastating affects of Hurricane Katrina. The casinos of the Gulf Coast were one of the biggest tourist attractions for the region before the hurricane, and the recent number surge shows that once again the coast could become a gambling mecca.
The numbers should almost certainly grow in August after Thursday's reopening of Grand Casino Biloxi as well as the Beau Rivage later in July. The September numbers should be where the full affects of those to casinos should be felt.
August 16, 2006
Posted By Terry Goodwin
Staff Editor, CasinoGamblingWeb.com
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