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Can do T


CANCAN CASINO


President and CEO of CanCan Casino and Resort George Toth


CanCan Casino and Resort promises to be the centrepiece of Mississippi redevelopment following a spate of natural- and man-made disasters. Casino International speaks with George Toth to find out the details…


he CanCan Casino is part of an ambitious development in a part of the US that has suffered nothing but hard times in recent years – Mississippi. Hurricane Katrina, the BP oil disaster – and in 2011 the state was


hit by horrendous flooding. But investment is ready and waiting, and part of the recovery plan is in the CanCan Casino. President and CEO of CanCan Casino and Resort George Toth told Casino International about the plan…


Casino International: George, last time we


spoke you were at the Mount Airy Casino in Pennsylvania – why the change? George Toth: Well, I went from cold weather to nice moderate warm weather! The move came about because of the opportunity to build a new project in an area that is very appealing to me – it’s a really beautiful area, still in the process of rebuilding itself after Hurricane Katrina, and the BP oil spill. It was a great opportunity to take


charge of a project and see if we could get it done.


CI: Has the development broken ground yet? GT: Not yet. We’re still in the process of getting all the equity and debt funding together working with Cantor Fitzgerald to get the complete package. It’s taking us a little longer than we thought. It’s looking very positive though.


CI: I know Mississippi was well supplied with gaming before Katrina arrived, with Riverboats and other gaming creating a healthy industry. Katrina was obviously devastating; was D’Iberville, where the CanCan will be, badly affected? GT: It was devastated. We are the cornerstone of


rebuilding what they’re calling the Entertainment Zone, a 200-acre area of which we will be occupying about 18 acres as they get this section of the town rebuilt.


34 JULY-AUGUST 2011


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