Archive for Saturday, November 28, 2009

Hotel boosts revenue projections for casino

November 28, 2009


— State gambling consultants say the addition of a hotel is expected to boost revenue at a proposed Sumner County casino.

Last month, Chisholm Creek Casino Resort announced it would add a hotel with at least 100 rooms to its first phase. The casino is expected to open in September 2011 and the hotel six months later.

Cummings Associates has raised its gambling revenue forecast for 2013, the first full year of casino operations. It’s now expected to generate $166.5 million, $3.5 million more than its original forecast.


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