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.
In Denver on Sunday, Peyton Manning and the Broncos will have to brace to play the Titans with the temps in the teens and with a 40 percent chance of snow. And in Green Bay, temps are expected to be in the high teens when the Packers face the Falcons.
The Seattle Seahawks are first time underdogs this season in their game against the San Francisco 49ers. Here are some of the best Week 14 NFL trends courtesy of Pregame.com owner RJ Bell.
A special gambling panel charged with developing regulations for a future casino voted to recommend that New Hampshire legalize one casino with up to 5,000 video slots and 150 table games.
London is getting its first NFL day game, creating a morning time slot for the United States. The NFL says that the game between the Atlanta Falcons and Detroit Lions at Wembley on Oct. 26 will start at 1:30 p.m. local time, making it a 9:30 a.m. ET kickoff.
Total revenue from slot machines in Pennsylvania casinos is down more than 1 percent from a year ago. The Pennsylvania Gaming Control Board said revenue fell 1.3 percent in November compared to the same month in 2012.
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