Unlike the gambling hubs of Las Vegas and Atlantic City, casino business in New Orleans and Biloxi is solely slightly down from last year, and foreseen to enhance rapidly.

Despite setbacks from the busy hurricane season, Gulf Coast casinos are reporting healthy prospects. Unlike the gambling hubs of Las Vegas and Atlantic City, casino business in New Orleans and Biloxi is solely slightly down from last year, and foreseen to enhance rapidly.

Economic conditions within the area are driven by the booming oil industry, providing steady incomes which might be envied in most regions of the us. But other factors more in charge of casinos also favor the Gulf Coast.

The crazed pace of construction and the constant introduction of latest competition common in both Nevada and New Jersey haven't occurred in Louisiana. Most building was repair and refurbishment based on storm damages.

This leaves the present venues in good position, not finding themselves having to spend every penny they are able to borrow to stick despite neighboring casinos. A slower pace of expansion is proving healthier to the gaming industry.

Further, the national intolerance of smoking hasn't hit the realm yet. The drop in revenues that follows the imposition of smoking bans isn't forcing potential patrons to play at online casinos or at tribal venues.

Lack of recent casino projects, combined with state governments that respect the rights of individuals, including smokers, is asking like a formula to success for casinos from Lake Charles through Mississippi.

Published on November 3, 2008 by JulieWong

Read More... [Source: US Casinos in the News]