Casino boom pinches northeastern states

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Casino Boom Pinches Northeastern States - WSJ Jun 20, 2014 · Influx of Competition Leaves Early Players—Such as Delaware, New Jersey and West Virginia—Struggling to Keep Bets Flowing. But as the Northeast becomes saturated with gambling venues, the state's casino revenue has tumbled, prompting a new industry request—for a tax break. "It's a different world for the Delaware casinos," said Democratic Gov. Jack Markell, who supports reducing the tax burden on casinos … Dover Downs Gaming & Entertainment : Casino Boom Pinches Racetrack casinos used to contribute as much as $240 million a year to Delaware's tax coffers. But as the Northeast becomes saturated with gambling venues, the state's casino revenue has tumbled, prompting a new industry request--for a tax break. Casino Boom Pinches Northeastern States (WSJ) - blogspot.com

You are here: Home / Horse Racing Business / INTENSE CASINO COMPETITION TAKING ITS TOLL INTENSE CASINO COMPETITION TAKING ITS TOLL July 25, 2014 by Bill Shanklin 1 Comment ...

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Dover Downs Gaming & Entertainment : Casino Boom Pinches ... The casino-building boom is "a declaration of war--indirect war--by the states," said the Rev. Richard McGowan, a casino expert and Boston College adjunct associate professor. "What they're saying is, 'I want the revenue. I want the revenue back.' " A recent Fitch Ratings report said the Northeastern market " is reaching a saturation point." thisisNOTnassauotb: WSJ reporters spotted at

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Letters to the Editor: The struggling market for casinos ... On June 19, The Wall Street Journal which is pro- business published an article," Casino Boom Pinches Northeastern States." According to the article, in states like New Jersey and Delaware the ... psst: the casino cash cow has too many calves | snowmen at ... “Casino boom pinches northeastern states” (Wall Street Journal, June 19, 2014) Indeed: “States that adopted gambling earlier than their neighbors, such as Delaware, New Jersey and West Virginia, are watching dollars drain away, and new projects have some wondering how many facilities the area can support.

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