Professor says Lake Charles a prime market for gambling - KPLC 7 News, Lake Charles, Louisiana

Professor says Lake Charles a prime market for gambling

by Brandon Richards bio | email

LAKE CHARLES, LA (KPLC-TV) – A McNeese economics professors said despite growing concerns about the Lake Charles gaming market, the only thing to worry about is complacency.

When Pinnacle Entertainment announced it was doing away with plans for its Sugarcane Bay project, it left a lot of people disappointed. The gaming company said it was the best move for their bottom line.

The decision left some worried about the future of the local gaming industry, but MSU economics professor Dr. Michael Kurth was not one of them.

Dr. Kurth and colleagues recently met with Port of Lake Charles officials to discuss the state of the local gaming industry. Kurth said because Lake Charles is near the border, it still has a lot of opportunity to tap into Texas markets like Austin and Houston.

Kurth said Houston residents make up the largest percentage of Las Vegas tourists than any other city. Kurth said local officials should be encouraging those gamblers to visit Lake Charles.

"You can come down to Lake Charles in two and half hours and it costs you a tank of gas," said Kurth, noting Texans would avoid expensive costs associated with traveling to Las Vegas.

But Kurth said Lake Charles' ability to cash-in on those Texas gamblers depends, in large part, on how local officials make the sale.

"If you want to be a gaming destination, you have to give people things to do when they come down here," said Kurth, adding how gambling markets like Las Vegas and Atlantic City also attract tourists through spectacular stage productions.

Dr. Kurth also said once casinos are here, officials need to encourage more competition among them.

Copyright 2010 KPLC-TV. All Rights Reserved.

  • More Local NewsNewsMore>>

  • Medical marijuana in La. limited to some debilitating illnesses

    Medical marijuana in La. limited to some debilitating illnesses

    Thursday, April 19 2018 2:55 PM EDT2018-04-19 18:55:19 GMT
    Marijuana (Source: KPLC)Marijuana (Source: KPLC)

    With medical marijuana dispensaries coming to Louisiana, more prescriptions are likely to be written for the drug. However, Louisiana's tightly regulated program has only approved medical marijuana for some debilitating conditions.

    More >>

    With medical marijuana dispensaries coming to Louisiana, more prescriptions are likely to be written for the drug. However, Louisiana's tightly regulated program has only approved medical marijuana for some debilitating conditions.

    More >>
  • Study: Native Louisiana bush used to fight obesity, Type 2 diabetes

    Study: Native Louisiana bush used to fight obesity, Type 2 diabetes

    Thursday, April 19 2018 2:53 PM EDT2018-04-19 18:53:58 GMT

    Can traditional medicines that go to the root of Louisiana culture help beat modern illnesses? It all boils down to a bush - in particular, the groundsel bush.  Up until the early 20th century, this native shrub was an ingredient in folk remedies. A team of investigators, including a University of Louisiana at Lafayette exercise scientist have concluded the anti-inflammatory properties of the bush could fight metabolic syndrome and related conditions, like obesity and Type 2 di...

    More >>

    Can traditional medicines that go to the root of Louisiana culture help beat modern illnesses? It all boils down to a bush - in particular, the groundsel bush.  Up until the early 20th century, this native shrub was an ingredient in folk remedies. A team of investigators, including a University of Louisiana at Lafayette exercise scientist have concluded the anti-inflammatory properties of the bush could fight metabolic syndrome and related conditions, like obesity and Type 2 di...

    More >>
  • Will medical marijuana make you high?

    Will medical marijuana make you high?

    Thursday, April 19 2018 2:03 PM EDT2018-04-19 18:03:15 GMT
    (Source: KPLC)(Source: KPLC)

    Lake Charles was recently approved for a medicinal marijuana pharmacy, but what exactly is in medical marijuana?

    More >>

    Lake Charles was recently approved for a medicinal marijuana pharmacy, but what exactly is in medical marijuana?

    More >>
Powered by Frankly