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You are here: Home / Biloxi Casinos / Credit Crunch hurting the Coast?

Credit Crunch hurting the Coast?

October 7, 2008 by admin

The answer is yes!

Anyone who thinks the economic crisis is just on Wall Street or in Washington should look around South Mississippi.

In East Biloxi the weak economy and credit crunch have slowed construction of Margaritaville Casino, delayed the expansion of Isle of Capri Casino and stalled three other casinos.

It is not just casinos that are feeling the pinch, developers and planned condo towers are also having some problems securing financing.

Read full article over at the Sun Herald:
Wall St. woes impact Coast

Filed Under: Biloxi Casinos



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