Making the News

Seattle Post Intelligencer

Originally Published:Friday, November 26, 2010
http://www.seattlepi.com/business/1310ap_us_southern_casinos.html

Casinos struggle back from recession

By Alan Sayre
Seattle Post Intelligencer

"Gamblers, like other people, have to feel comfortable about their financial situation," said Joseph Weinert, senior vice president of Linwood, N.J.-based Spectrum Gaming Group. "There had been the perception that the industry was largely recession-proof, but we saw what happened a couple of years ago. When the economy got tanked, the industry got whacked."

Right now, the gaming industry is largely a function of the regional and national economies," Weinert said. "It depends upon whether you see those economies flatten out or start showing some life. The casinos will follow that."

 

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