Proposed Sports Betting a Financial Boon to Delta Casinos

Written by :

Guest

Published on :

4 June, 2018

Proposed Sports Betting a Financial Boon to Delta Casinos

Tunica, Mississippi is home to real money gambling casinos in the Delta region of the state. However, according to a report by Ted Carter on the Mississippi Business Journal website from last Friday, the overall Tunica casino business has suffered continual declines in revenue in recent years. The Mississippi casino business in general has suffered declines in both tourism and real money gambling revenue. Tunica County casino executive R. Scott Barber has blamed these steady declines on the lack of a reason to visit the Delta casino region. In a direct quote in this report, the Caesars Entertainment regional vice president stated, ”Imagine if you are a 25-year old amusement park and haven’t added a new ride or anything.”

The impetus for change and hopefully an upswing in overall revenue has been tied to sports betting. A recent US Supreme Court ruling has paved the way for legalized sports betting in the US on a state-by-state basis. Mississippi quickly established itself as a proactive state for legal sports betting as this landmark case worked its way through the courts to the highest one in the land.

Now that the US Supreme Court has given states the green light to institute legal forms of sports betting within in its borders, Tunica casinos are busy gearing up for the addition of on-sight sportsbooks to its existing casino floors. Barber went on to add, “We’ll be able to attract them (visitors from neighboring Jackson, Tennessee as well as from Birmingham, Alabama and Little Rock, Arkansas).” Noting quite a bit of interest in football, he also pointed out, “We’re in the heart of SEC Country.”

The revenue declines in the Mississippi casino industry have been at a steady rate of three to four percent annually since 2007. This marked the end of highly profitable run that lasted for over 25 years when the state first brought casinos to Tunica County as the birthplace of real money gambling in Mississippi. The rebirth of this industry is now pinning its hopes on legalized sports betting. There are currently 12 brick-and-mortar casinos operating in Mississippi’s Gulf Coast region. State law makers anticipated a favorable decision by the US Supreme Court in this case. The result was previous legislation that was already approved to add sports betting to the other real money gambling options existing on a casino floor.

Barber is in charge of two casinos in the Delta area; Horseshoe Tunica and Tunica Roadhouse. His short-term plans include temporary facilities that would house sports betting in time for this year’s football season starting in early September. Caesars has identified the permanent space inside the Horseshoe for a sportsbook. He also estimated that it would take 12 to 14 months to complete this renovation. Permanent space inside the Tunica Roadhouse is still under review. It is expected that all the owners of the Delta casinos will formulate plans for sports betting both in the short-team as well as with permanent facilities. The ultimate goal would be for each location to offer a sportsbook similar to the ones found in Las Vegas casinos and resorts.

From Point-and-Click to Spin-and-Win: How Storytelling Found Its Way Into Online Slots

If you play point-and-click games, you probably know the routine. You enter a room and start testing everything: the painting, the drawer, the scrap of paper on the desk. Most of it may lead nowhere, but you click anyway.

Breeze Airways Adds New Flight Between Tampa and Las Vegas Beginning in January

Breeze Airways on Sunday announced new 1x daily service between Tampa International Airport (TPA) and Las Vegas Harry Reid International Airport (LAS) on January 5th.

10 Ways to Get Free Spins and Free Bonus No Deposit in South African Casinos

We’re unveiling a new challenge this season by racking up as many free spins and free bonus no deposit offers in South African casinos. Our goal is to help you access the best offers for real cash wins with minimal spending from your pocket. Read on and find out how to maximize free spins and free bonuses while earning real rands.

IGT Slots Have Paid Out $17 Million in Last Month Including Atlantic City, Laughlin, Ontario and Even Las Vegas Airport

Wheel of Fortune Slots have minted over 1,200 millionaires and awarded over $3.6 billion in jackpots since their launch in 1996.