Larry Gregory
Larry Gregory
anyone gaming great gulf industry invest message numbers rebirth seem sending wanting
We're witnessing the rebirth of the gaming industry on the Gulf Coast. I think these numbers are excellent. They seem to be consistent. I think they're sending out a great message to anyone wanting to invest on the Coast.
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will be on the minds of every legislator when they come in for the next session.
casino facing future serious situation
We have a very serious situation facing the future of our casino industry,
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We are just flabbergasted. It could be curiosity or pent-up excitement from people who for several months have been unable to play. We do know that it's an economic gold mine right now.
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We are just flabbergasted. It could be curiosity, or pent-up excitement from people who for several months have been unable to play. We do know that it's an economic gold mine right now.
casino coming large phases planning side south
That's a large casino development, and that's only the first phase. They're planning on coming back in with different phases on the south side of the property.
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I'm not at liberty to comment on the newer ones, but we're getting new proposals pitched to the commission on almost a weekly basis. There are some big, big names who want in on the action on the Gulf Coast.
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They're coming north within 800 feet of the shore. It will be the first casino to get approval to move.
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It's standing room only. People were waiting two and three deep just to get on machines. It's absolutely unbelievable.
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It's my understanding that construction will begin after we make the approval tomorrow, and the casino should open in August or September.
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Progress on the Gulf Coast has been very positive. We've gotten our first month of our gross revenues (and) the numbers coming in are beyond anyone's wildest expectations.
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I've had conversations with five CEOs of major casino companies, including Harrah's and MGM and Casino Magic. They tell me they're reluctant to rebuild if the other factors still exist,
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You could get on one side of the Gulf Coast and shoot a bullet, and it wouldn't stop until it passed the state line. Nobody was coming.