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Saturday, November 2, 2013

Saturating the Gambling Market!

There's only soooo much discretionary income you can suck from the local economy....

Massachusetts ‘Gaming’ Future

In 1978 the commercial casino predators lit the casino candle on both ends when they opened up in Atlantic City. Today there are 20 states (and two US Territories) that have commercial casinos. There are 30 states that have Indian casino. I believe it won’t be long before this blood sucking industry burns out.

Philadelphia Inquirer - November 1, 2013 - Dreary forecast for Pennsylvania gaming...


The forecast for gaming in Pennsylvania is cloudy with a chance of storms.
That’s a warning in a 65-page report compiled by AKRF consultants for the city of Philadelphia, which the Pennsylvania Gaming Control Board posted online this week.

With the snappy title “Economic and Fiscal Impacts Analysis of Six Philadelphia Casino Proposals,” the study by the New York consulting firm details on page 39 why the Pennsylvania casino market is “approaching market saturation.” Pennsylvania has 12 casinos and is considering issuing a second license for Philadelphia.

As AKRF notes:

Read more at
http://www.philly.com/philly/blogs/double-down/AKRF.html#LdLuuofurQWx26Fk.99
 






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