CASINO DEVELOPMENT UNFAZED BY 9/11

December 14, 2001 10:17 PM
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Casino development on a national scale remains strong despite a national slowdown and the 9/11 terrorist attacks.

Roughly $3.9 billion in non-Native American casino development is on going, a 9% decrease from last year's development.

Since 9/11, there has been a $500 million decline in development, which can be attributed to the openings of the Hyatt Casino in Colorado and the Palms Casino in Las Vegas, plus the cancellation of the $100 million Casino Magic Bossier City expansion.

Native American gaming development is currently estimated at $6 billion.

For a complete report on casino develpment in the United States, check out GamingToday beginning Tuesday, Dec. 18.