Gulf Coast casinos prevailed despite downturn

07/6/2011 | Wall Street Journal, The

The Trump Marina Hotel & Casino in Atlantic City sold for $38 million earlier this year. Meanwhile, the IP Casino Resort & Spa in Biloxi, Miss., is slated to be sold to Boyd Gaming for a cool $288 million. "If you talk about any place in the gaming world that's good at recovering, it's the Gulf Coast," said American Gaming Association President Frank Fahrenkopf.

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