Tunica mississippi casino

broken image
broken image

“Now, we have a mid-sized casino with good food, good service and what we believe are the best hotel rooms in town,” he said. Isle dropped the program during the spring and use of the theaters is down to about one or two shows a month, he said. “Although we got a few people in there, it just didn’t work,” Galloway said. The company went ahead with its plan to bring in Branson, Mo.-style entertainment with shows six days a week. Isle, at first, announced an agreement with Las Vegas entertainer Wayne Newton to help fill the theaters, but that fell through. In the quarter ended July 29, EBITDA losses were $985,000, slightly better than the $1,003,000 in losses recorded in the same quarter last year.ĮBITDA is considered a good measure of casino operating profits - or, in this case, losses. Through July 30, Isle lost about $12.4 million in Tunica, based on earnings before interest, taxes, depreciation and amortization (EBITDA) calculations listed in its financial reports.

broken image