Apparently, Mississippi’s successful venture into the casino industry 20 years ago was so outstanding that it ultimately led to the industry unraveling in the Tunica market — once the third-largest casino market in the country.
“No one knew in 1993 or 1994 what it was going to be like, and then Mississippi showed the world that it could be a viable industry,” Anthony F. Lucas, a professor at the University of Nevada, Las Vegas, who researches the gambling industry told the New York Times. “And that encourages everybody else that has a possible way into the gate that they can compete.”
Times writer Alan Blinder chronicled last week’s closing of Harrah’s Tunica and examined its impact on the people of Northwest Mississippi.
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