In this month’s Global Gaming Business, I take a look at what impact the expansion of casino gaming has had on mature jurisdictions:
But since then, further expansion has put pressure on “mature” gaming markets like Atlantic City, Mississippi and Delaware, which have seen revenues decline. This raises the question of whether further expansion will do more harm than good.
To get a better appreciation of where we are heading, I compiled a set of data with total annual casino and racino gaming revenues for all 23 states, and slot data for Connecticut’s two tribal casinos.
The results? Since 2001, the Northeast has increased its overall share of the nation’s gaming win, rising from 24 percent to 30 percent. The South and Midwest have remained relatively constant, with some weakening in the South despite the addition of Florida racinos to the mix. And the West, thanks to Nevada, still is dominant, though the Northeast is catching up.
This is the question that everyone’s asking now–I hope that looking at some hard data will help answer the question.