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Article: No rolling the dice with devastation: one Gulf Coast casino relates how it survived Hurricane Katrina, and how it intends to be there when Biloxi's back open for business. Its emergency response mirrored what recovery experts recommend for big businesses faced with catastrophe.(UPFRONT: News, Updates and Other Emerging Strategies from Around the World)
- Article from:
- Risk & Insurance
- Article date:
- October 15, 2005
- Author:
CopyrightCOPYRIGHT 2005 Axon Group. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Gulf Coast casinos faced big challenges after Katrina hit. If they were lucky enough to have their hotels standing and their barges floating, they still had to cope with power and communication breakdowns, missing employees, business interruption and local politics. The way they managed these issues largely could determine whether individual casinos--or entire companies--survive.
"All your phone service is wiped out, you don't have power," says Tim Hinkley, president and chief operating officer of Isle of Capri Casinos Inc., explaining the grim situation after Katrina bulldozed through Mississippi. "We were flying blind for a 24-hour period of time as a company. ...
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