Local Casinos Face Growing Out-of-State Competition
Connecticuts two resort casinos are facing growing competition as new gaming halls and slots parlors in New York, Pennsylvania and Atlantic City entice more mid-Atlantic …
Related Casino News:
- Gambling addiction a growing local concern
- Analyst: Local Macau Casinos to Benefit from Growth
- Atlantic City casinos hurt by growing competition
- Bluffs casinos win top honors
- Cashing Out Casinos’ Q1
- Casinos hurting bingo
- 10:58 p.m.: Other casinos may feel competition from horse track slots
- London’s Online Casino Goes Crackers This Festive Season by Launching Its Festive Competition with a Caribbean Holiday and Cash Prizes to Be Won
- Tribes face new competition from commercial casinos
- Other casinos may feel competition from horse track slots
- Competition leads Ameristar to cancel casino expansion
- Isle of Capri Falls on Tough Competition
Gambling history facts:
- Legal gambling operations in Washington reported $1.7 billion in net receipts in 2005: 61 percent was reported by tribal casinos, 10 percent came from the state lottery. 2 percent of responders in a February state survey said they placed bets online.
- Las Vegas is a testament of the powerful ability of gambling to foster economic development. Because of gambling, Las Vegas has shown impressive job growth, developed into a major city with a low tax burden that many state and local governments look at with envy.
- 1993: Steve Wynn buys the Dune Hotel, then implodes it to make way for the Bellagio. The new MGM Grand is completed, once again becoming the world's largest hotel. On December 31, Barbra Streisand stars in the inaugural concert at the MGM Grand Garden Arena.
- Indian tribes have used their position as sovereign entities to develop a number of gaming establishments. Indian casinos operate in 22 states. This number is expected to grow.
RSS feed
