Tag: Economic Development

Friday Omnibus: Whoever picked Prince for their 2016 dead pool is going rake in some dough

I happened to be on Twitter yesterday when word of Prince’s death broke and when I was not tweeting I enjoyed seeing the reaction on social media, which included much wailing and gnashing of teeth. I’m personally a Prince agnostic so I wasn’t moved to grieve though I did wonder about an annual Dead pool some friends do instead of playing the lottery thus the post title. There was however, one tweet on the subject that stood out above the rest but since the Slabbed twitter account has an under age 18 component I didn’t re-tweet it. I am however happy to embed it below the jump: Continue reading “Friday Omnibus: Whoever picked Prince for their 2016 dead pool is going rake in some dough”

Like I said, the gaming market is saturated here on the coast……

By definition, when a state agency dictates site plans, investment and other regulatory matters you do not have a “free market”, at least in the classic sense. Even more important though, is the local casino market is saturated and then some at precisely the time Cities like Waveland finally decided to try to get into the game.

The basic tenants of economics neither exclude or favor certain industries or businesses. And when you have a weak sister in a saturated market:

Jimmy Buffett’s Margaritaville Biloxi to close “on or before” Sept. 19 ~ Warren Kulo

Casinos in Tunica have closed recently due to the competition from other states that have since legalized gambling.  Here is a timely piece from the Nation’s #2 gaming market, Atlantic City, New Jersey:

Atlantic City doomed by glut of casinos in region ~ Wayne Perry

Meantime ground just broke in D’Iberville on the Scarlet Pearl. Far be it from me to cast aspersions at a privately funded Casino because I won’t but dropping the phrase building into a headwind isn’t too strong a term for the context.

In my opinion, if the economic development people folks in Jackson had an ounce of sense, Continue reading “Like I said, the gaming market is saturated here on the coast……”