The Los Angeles Times reports on the sagging casino economy in Tunica, Miss., a sag due in part to increasing national competition. The tale is worth noting as Arkansas expands its casinos.
Casinos have closed; employment has dropped two-thirds from its peak, and tax revenues have dropped by almost 50 percent.
Mississippi differs from Arkansas’s expanding casino industry in
The Tunica story also is worth reading for the post mortem on how government officials dealt with the newfound casino wealth and whether it was spent wisely. This lies ahead, too, in Arkansas. Might Tunica have invested better in low-cost housing and job training than in an aquatic center and practice soccer fields?