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Move to weekends paying off: Golden Moon has reduced expenses by about $9 million and revenues are up.

Publication: Mississippi Business Journal
Publication Date: 29-JUN-09
Format: Online
Delivery: Immediate Online Access
Full Article Title: Move to weekends paying off: Golden Moon has reduced expenses by about $9 million and revenues are up.(Focus)(Golden Moon Casino)

Article Excerpt
About six months ago, the Golden Moon Casino pared its operating hours down to weekends only, becoming Mississippi's only casino out of 31 that wasn't open around the clock.

The move eliminated 700 jobs and cast the future of the Golden Moon, part of a development of the Mississippi Band of Choctaw Indians, into doubt.

Gen. Paul Harvey, president and CEO of the Pearl River Resort of which the Golden Moon is a part, said the move has paid dividends.

"This time last year, our expenses were about $24 million. Now we've got them down to about $15 million....

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