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Analyst: The New England gaming market is approaching saturation
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12 September 2016 (Edited )

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Casino.org 16 August 2016

Article by Samantha Beckett for Casino.org

Important points:

  • Until early 1990s Atlantic City NJ had a monopoly on gambling on the East Coast.
  • US Supreme Court 1987 ruling recognizing the right of Indian tribes to self-regulate gaming ended that.
  • By 1996, 25 states had some form of land-based gaming.
  • Northeast casinos and slot parlors [list]
  • Massachusetts:
    • Plainridge Park Casino slot parlor opened in June 2015
    • MGM Springfield will open in 2018
    • Wynn Boston Harbor will open in 2019
  • New York:
    • Resorts World Casino may expand
    • 2 upstate casinos opening in 2017
  • Pennsylvania:
    • Sands Bethlehem
    • Mount Airy Casino Resort
    • 4 casinos in Philadelphia area, possible 5th coming
  • Rhode Island:
    • Twin River Casino
  • Connecticut:
    • Foxwoods
    • Mohegan Sun
    • 3 Indian tribes seeking to build new casinos near MA-CT border to compete with Wynn and MGM
  • New Jersey:
    • 7 casinos in Atlantic City

Gambling saturation is measured by slot revenue/machine/day ($200 or less = saturation). Current figures:

  • Mohegan Sun $297
  • Foxwoods $260
  • Plainridge Park $370

In Las Vegas, gaming revenues are becoming secondary to resort and entertainment aspects. Regional casinos are expected to follow suit.


David Boggs President/CEO ACRO Global|Publisher Tourism Marketer
David H. Boggs
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ACRO Global
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TourismMarketer

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