Gaming leaders mull Miss. moves
| 07 September 2005 |
As reported by: CNN
At least one state official -- Larry Gregory, head of Mississippi Gaming Commission -- fears that the casinos may not return to the state unless the current gaming laws are changed to allow companies to operate land-based casinos instead of the "floating casinos" decimated by Katrina.
If companies don't rebuild their businesses, Gregory fears the state could risk losing thousands of jobs and billions of dollars in gaming revenue and taxes.
The American Gaming Association's (AGA) board of directors, which includes MGM Mirage (Research) CEO Terry Lannian, Harrah's Entertainment (Research) CEO Gary Loveman, Pinnacle Entertainment chief Daniel Lee and Wynn Resorts CEO Stephen Wynn, will meet Monday, according to AGA's president and CEO Frank Fahrenkopf.
The AGA is a trade group representing the commercial casino entertainment industry.
"Obviously the primary focus will be on what happens to all the people employed by the casino industry, hotels and other support services in the area and how to take care of them," Fahrenkopf told CNN/Money Tuesday.
Another focal area of debate, he expects, will center around the Mississippi's gaming regulations and whether or not companies are willing to return and rebuild their business unless the law is amended to allow inland casinos.
Mississippi governor Haley Barbour -- who, like Fahrenkopf, is a former national Republican Party chairman -- addressed the issue Sunday in an interview with on NBC's "Meet the Press."
Article By: CNN
Related Articles:![]()
Poarch Band of Creek Indians Invest in Greyhound Tracks - 23 August 2009
Grand Biloxi Casino, Hotel & Spa Now Open - 04 September 2008
New Travel Community Launched to Attract UK Tourists to Florida - 18 September 2007
Isle casino lays off 200 employees - 19 December 2006
Louisiana casinos cashing in - 22 March 2006
Top Online Casino Choice
No comments have been submitted yet for this article.
Post a Comment
Latest News
- Wynn and Encore Present an Educational Familiarization Tour April 8 - 11
Date: 11 March 2010 - Auditor General Jack Wagner Seeks Extension for Taxpayers Seeking Property Tax Relief From Slots Casino Revenue
Date: 11 March 2010 - Pinnacle Entertainment Agrees to Settle President Casino Licensing Issue
Date: 11 March 2010 - Italian State Council Rules on the Lottery Tender
Date: 11 March 2010 - Pinnacle Entertainment Chooses GPI to Furnish Newest Property
Date: 11 March 2010 - Two New Stocks Added to S-Network Global Gaming Index in Quarterly Rebalancing; One Stock Deleted
Date: 11 March 2010 - MGM MIRAGE Prices $845 Million in Senior Secured Notes
Date: 10 March 2010 - Tropicana Casino & Resort Announces New Ownership
Date: 10 March 2010 - MGM MIRAGE Is Named to Fortune Magazine's 'Most Admired Companies' List
Date: 10 March 2010 - Public Input Hearing to Consider Permitting Table Games at the Meadows Racetrack and Casino Scheduled for March 30th
Date: 10 March 2010
Casino of the Month
Gambling Newsletter
Law Articles





