The troubled credit markets that are creating problems for home buyers and other borrowers also are disrupting the capital-intensive casino industry — driving up construction costs and delaying and even jeopardizing whole projects.
casino projectsSnake Eyes: AC's Hot Hand May Be CoolingNewsvine - business Sun, 03/02/2008 - 14:35
Unlike gamblers on a hot streak who think the good times will never end, the casinos know better. Yet companies have forged on with plans to spend at least $9 billion on a wave of new casino projects in the country's second-largest gambling destination, even as not-so-subtle signs were surfacing that it might be time to walk away from the table for a while. |
