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Oklahoma Gaming Grows Even Under Tough Economic Times

Wednesday, December 24, 2008

THAKERVILLE, OK - As reported by Cardplayer.com:  "Someone forgot to tell Oklahoma that the tough economic times were supposed to hurt the casino industry.
   
While
  the recession has stalled the growth of casinos in other areas of the country, the Sooner State continues to see its casinos expand and grow in dramatic fashion.

Last year, tribal gambling raised $2.5 billion in revenue, a state figure that only trails California and Connecticut, according to the Indian Gaming Industry Report. This year’s overall numbers have not yet been released, but some individual casinos are already reporting a more successful 2008 than 2007.

“It’s been an exceptional year,” said a high-level employee at the WinStar Casino, who requested anonymity. “The Texas and Oklahoma economies are still strong.”

The WinStar Casino, located in Thackerville on the border of Texas and Oklahoma, is the largest casino in Oklahoma at 183,000 square feet. With 46 poker tables and plans for more on the way, it also is the home to the largest poker room in the state.

WinStar has doubled the size of its casino in the past 18 months, with the final touches to its casino additions being completed this week. In the past two years, its poker room alone has expanded from 15 tables to 46.

The WinStar employee said that, if anything, the tough economic times are just helping business because local gamblers are that much less likely to fly to Las Vegas. With WinStar just about an hour away from Dallas, Texas, customers from there easily make up the majority of its business, as compared to the local community.

“I’ve got more blackjack dealers than the entire population of Thackerville, Oklahoma,” said the WinStar employee, putting things into perspective.

Oklahoma casinos do benefit from its neighboring states quite a bit. While WinStar is on the Oklahoma-Texas border, the much more modest but still profitable Choctaw Casino in Pocola is located on the Oklahoma-Arkansas border.

“The economy hasn’t really affected our casino,” said Billy Shadwick, the manager of the poker room at Choctaw. “All of our stuff is local, so people don’t have to travel in to get here.”

 

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