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South Florida Casino
Lays Off 120
Employees
HOLLYWOOD (CBS4) ―
There are still
jackpots to be had
at casinos around
South Florida, but
with a struggling
economy, the patrons
of some casinos are
finding it hard to
find the money to
gamble.
"Mortgages are going
up, interest is
going up, gas food,
you know everything
is going up," said
Annie, a local
casino patron. "So
by the time you take
care of your
household needs, you
don't have anything
left."
The lack of
disposable income
for many across the
area creates a
problem for some
casinos, which have
to lay off employees
when less money is
being taken in. And
for casinos in more
remote areas, the
price of gas
compounds the issue.
"People gotta fill
up their tank and
drive here. I think
they're going to go
where it's more
convenient to
gamble," said Dan
Adkins of Mardi Gras
Gaming.
But, one casino
seems to be bucking
the trend, the
Seminole Hard Rock
Casino. Blackjack
tables opened up for
the first time over
the weekend, and
even with the $100
million due to the
state of Florida in
the first year of
card games allowed,
the Casino believes
it can still push
the profits in the
weakened economy.
"We're holding our
own and looking for
great days in the
future," Jim Allen,
CEO of Seminole
Gaming, said. "We're
real confident, but
at the same time
cautious."
And statewide, the
numbers seem to back
up what Allen said.
Florida casinos are
bucking the national
trend, by taking in
22 percent more
money than last
year.
(© MMVIII, CBS
Broadcasting Inc.
All Rights
Reserved.)
Published June 24,
2008
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