HOT Stories more

Cherokee Nation announces plans for Okla. casino

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

top stories

FREE PREVIEW! V.I.P. A Fly On The Wall | An informal chat with top bookmakers and bettors here in Las Vegas. It will give insight into upcoming events going on in the city of Las Vegas and top betting information from the bookmakers and sharp bettors.

SugarHouse Casino has broken ground on a long-delayed $164 million expansion of its property in lower north Philadelphia’s Fishtown neighborhood. The expansion is focused on enhancing the casino’s non-gambling offerings.

Biloxi’s Margaritaville Casino & Restaurant will waste away by mid-September, with the casino saying it can’t raise more money because the landlord won’t renegotiate the lease. The casino announced that it will close on or before Sept. 19.

In the NFL the NFC East figures to be the wildest crapshoot of all the divisions. This division used to be one of the sturdy kingpins of the NFL, with Philly, Washington, Dallas and the N.Y. Giants.

Bally Technologies Inc. (BYI) announced Monday it was partnering with Mohegan Sun in Uncasville, Connecticut to install the world’s largest table game progress jackpots.

GamingToday Race and Sports Futures

           LVH Superbook  Stratosphere Sports Book  

                Wynn Sports Book  CG Technologies

GamingToday football special subscription ad