Tom Gallagher is the head of Park Place Entertainment. In his opinion, casinos can't be Mississippi's primary economic engine if they're the primary escape valve every time state coffers run low.
Before Gallagher spoke at the Southern Gaming Summit, and he also sat down with WLOX News to talk about how Grand's two Coast casinos fit into the Park Place Entertainment empire.
"Both Gulfport and Biloxi perform very well, especially in the aftermath of last September," he said.
According to Gallagher, the Coast casinos "have been a very important contributor to the momentum that we've managed to preserve in our company and in our industry."
Gallagher said Mississippi is a very important market to Park Place. The company has five casinos in the state. Two are on the Coast, and three are in Tunica County.
"We expect to be a very significant competitor in this market," Gallagher said. "We're going to continue to invest here. We're going to continue to put some of our best people here. And we're going to look at all the weapons in our arsenal from a competitive standpoint."
Gallagher was a keynote speaker at the Southern Gaming Summit.