HOT Stories more

Colorado attorney general: Internet cafes illegal

Article

New Hampshire casino to compete with Mass. casino

April 22, 2013 6:09 PM by Ray Poirier

Pity the poor $340 million casino in New Hampshire as it tries to compete against a $1 billion casino in the northeast section of Massachusetts. It might just as well have been limited to a video slot barn.

That was one of the concerns expressed at a public hearing held last week to consider a proposed casino bill that would require a New Hampshire licensee to invest $425 million (less the $80 million paid up front for a license) for a gambling facility.

That property, noted speakers, would have to compete in Massachusetts against a $1 billion complex being proposed for either Suffolk Downs, to be operated by Caesars Entertainment Corp., or a Wynn Resorts Ltd. development to be located in Everett on the site of the former Monsanto Chemical plant.

And another thing, said Clyde Barrow, director of the Center for Policy Analysis at the University of Massachusetts-Dartmouth: People visiting casinos don’t necessarily gamble. In fact, over the last decade, it has been found that as many as 20 percent of casino goers do not gamble. They are there for the amenities such as spas, restaurants and scheduled entertainment, he said.

Faced with the prospects of such amenities being offered in Massachusetts, the New Hampshire casino might consider just going with slots, such as those seen in so-called racinos.

Apparently forgotten were the years when major thoroughbred racing being conducted at Rockingham Park in Salem competed directly with major thoroughbred racing being held at Suffolk Downs in East Boston. History shows both facilities suffered from reduced attendance and wagering.

Ray Poirier is the longtime executive editor at GamingToday.

Contact Ray at RayPoirier@GamingToday.com.

Like GamingToday on Facebook GamingToday on Facebook      and        Follow GamingToday on Twitter GamingToday on Twitter

GamingToday subscription

top stories

Connecticut’s Indian-run casinos are reporting declines in slot machine betting and revenue in September. Mohegan Sun said slot machine bets totaled $569.6 million, down from $621.5 million in September 2013.

Fantasy Football Fix | Those who plan to blow a highly coveted waiver wire priority on New England Patriots running back Stevan Ridley this week may want to rethink their strategy.

Bob Christ’s breakdown of Pro Football Week 7 | For the first time since 2012, the league has scheduled a team that just came off a road MNF game to play again on the road six days later. This time it’s the 49ers at the Broncos in a prime-time game.

NCAA Football Betting Primer | Stop taking exception to the way Florida State is handling quarterback and 2013 Heisman Trophy winner Jameis Winston. The truth of the matter is that Florida State football is a business.

 

Macau continued to pose a challenge for casino giant Las Vegas Sands Corp. in the third quarter. Other gamblers shelled out at the company’s Marina Bay Sands resort in Singapore where the casino’s daily take climbed to $4.8 million.

GamingToday Race and Sports Futures

           Westgate Superbook  Stratosphere Sports Book  

                Wynn Sports Book  CG Technology