CASINOS: Big action still waiting on economic turnaround

Times Board of Economists: Economic update from Dan Nita, senior vice president and general manager Horseshoe Casino
2012-10-21T00:00:00Z 2013-12-18T16:23:25Z CASINOS: Big action still waiting on economic turnaroundBy Keith Benman keith.benman@nwi.com, (219) 933-3326 nwitimes.com

Stable gaming revenues with some months up and some down have typified the last year in Indiana, with any big increase in gaming revenues still waiting on the economy.

"It will take some time," said Dan Nita, senior vice president and general manager at Horseshoe Casino in Hammond. "It all depends on when unemployment goes below 8 percent and people have confidence that their future is brighter."

So far, significant new competition either directly across the state border or in northern Indiana has not materialized, though it is much talked about by politicians and others.

Horseshoe continues to employ a strategy of offering something for almost everyone, from top-notch entertainment acts at its 3,400-seat Venue theater to the current action at the World Series of Poker.

"With as big a business as we have, we know we are attracting a wide variety of different audiences," Nita said.

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