Gaming Commission Chair Predicts Rebound By '07 For Coastal Casinos

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The News for South Mississippi says the Gaming Commission Chair Predicts Rebound By '07 For Coast CasinosThe chairman of the Mississippi Gaming Commission says the state's Gulf Coast casino industry should reach its pre-Hurricane Katrina level of jobs, gambling revenue and tax payments by late 2007. "That's at an absolute minimum," Jerry St. Pe said Friday at the Southern Gaming Summit. "The more likely scenario is that by the end of '07 those factors will be exceeded.''Most of the discussion Friday at the casino industry gathering centered on the lingering impact of Katrina, which walloped Mississippi's 12 coastal casinos and destroyed thousands of homes and businesses when it struck Aug. 29.The storm's powerful surge lifted massive casino barges like toy boats, tossing some of them on top of buildings onshore.

April 30, 2006
Posted By Lynn Augenblick
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