In Wednesday’s edition of The Daily News, we covered how Tunica’s casino closures – just for the month of pay – could potentially lead to a combined $10 million loss in local and state gaming tax revenue.
Local employees are getting hit as well. Since 2006, the area has also seen a loss of 3,400 jobs, equating to over $68 million in annual payroll.
So far – with water levels hovering the 44 foot mark – 9,300 jobs have been displaced with an approximate $18 million monthly payroll.
While most casinos have announced that they will be compensating their employees for a minimum of two weeks during the event, the situation is different at each property.
Stay tuned to the website for the most up-to-date flood coverage and how it affects Mid-South business.