Thursday, October 16, 2008

Despite Players Casinos (Bingos) See Drop in Business

Wednesday brought more trouble on Wall Street as the Dow closed down more than 700 points.

Economic disappointments like this not only have investors worried, but also have people all over the nation cutting expenses.

That includes entertainment. Casinos in Las Vegas and Atlantic City are reporting big drops in revenue. But how are Mid-Michigan's casino's doing?

The Saganing Eagles Landing Casino near Standish was packed today and that has pretty much been the pattern ever since it opened on New Year's Day.

"It's almost 1 p.m. and we are at capacity," said the Saginaw Chippewa Indian Tribe's Frank Cloutier.

Wednesday was Senior Day at the Saganing Eagles Landing Casino south of Standish, and there were no signs of a sluggish economy here.

"Somebody's got money," said Connie Schoonover of Arenac County.
But Cloutier says while people are filling the building, they might not be betting as much as they once did.

FOr the complete story, please see Terry Camp, Casinos see some drops in business, WJRT-TV, October 15, 2008.

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