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Atlantic City’s troubles continue
The casino industry in Atlantic City continues to struggle, thanks in large measure to increased competition from Pennsylvania as well as Delaware and Maryland, and the weak economy. The industry...
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Foxwoods fights to stay afloat
Michael Sokolove has a great piece in The New York Times Magazine about the financial struggles facing the Foxwoods casino in Connecticut. The sprawling casino on an Indian reservation printed money...
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Dismantling the case for casinos
One of the main reasons lawmakers use to support gambling is competition from other states. The governors in Pennsylvania, New York and Massachusetts all said that legalizing casinos would keep...
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‘The one-armed bandit arms race’
As more states get into the casino business, existing casino states have had to scramble to keep up by adding more gambling. The result is a gambling arms race that has some wondering if markets are...
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Casino competition hits state coffers
As more and more states legalize casinos, the competition for gamblers is beginning to impact government coffers. Indiana is projecting a 9 percent drop in tax revenue from casinos in the coming budget...
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Cuomo’s gambling expansion plan
For a leader who has been so progressive in shaping gun policy, New York Gov. Andrew Cuomo has been equally regressive when it comes to the state’s ever evolving gambling policy. Last year, Cuomo...
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The growing casino glut
We did a post last week detailing how casinos were not paying off as expected for many states. Now here comes more evidence that there are not enough gamblers to fill all of the casinos that have...
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