HOT Stories more

WYNN cooperating with Macau anti-corruption agency

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 football special subscription ad

top stories

Gaming Yesterday | Each week in this column Scotty Schettler will take a trip down Memory Lane. He’ll tell you stories as he remembers them of people, places and happenings from days of old in Las Vegas.

NFL Preview AFC North | This year, based on odds provided by the LVH SuperBook, the division figures to be a three-way slugfest between Cincinnati, Pittsburgh and Baltimore. The Bengals are the slight favorite at 8/5.

Penn National Gaming Inc. (PENN) fought a gallant battle to keep its Sioux City, Iowa, riverboat operating but in the end it was all for naught. The Iowa Supreme Court has ruled that the casino must close as of Wednesday of this week. 

A Maryland casino is looking to hire some of the soon-to-be-jobless Atlantic City casino workers. Maryland Live! is holding job fairs next week at the Sheraton hotel across from the Atlantic City Convention Center.

Louisiana’s 21 casinos took in $203.5 million statewide in June, edging up one-half of a percentage point from a year earlier. State gambling revenues totaled $202.4 million in June 2013.

GamingToday Race and Sports Futures

           LVH Superbook  Stratosphere Sports Book  

                Wynn Sports Book  CG Technologies