The Foxwoods Resort Casino in Connecticut. Photo from Facebook
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Connecticut newspaper says another tribal casino won't help the state compete with a growing number of options in Massachusetts and other states:
For much of the past two decades, casino gambling thrived in our state for basically one reason: lack of competition. Busloads of gamblers from New York and Massachusetts flocked to Foxwoods Resort Casino and Mohegan Sun because only other reasonable choice was Atlantic City. That has all changed. There are now more than 50 casinos in the 12 Northeastern states. The take at Connecticut facilities has fallen, largely because gamblers have a wider choice of options, such as the slot machines at Yonkers Raceway. The state's portion of slot revenue has dropped from $430 million in 2007 to $280 million this year. On the surface, and in the short term, opening more casinos here to block an exodus to Massachusetts seems to make sense. But that "solution" ignores some nasty realities.Get the Story: