Will Expansion Mean Contraction? | Global Gaming Business Magazine

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 … Read more

Author David G. Schwartz summarizes chapter 13, “The…

Author David G. Schwartz summarizes chapter 13, “The Burger King Revolution: Las Vegas bounces back for the first time,” of Roll the Bones: The History of Gambling (Casino Edition).

If you don’t see a video above, go here: http://youtu.be/SlyHlAfgxqM

This chapter covers the changes that tranformed Las Vegas in the 1980s. First, it deals with the forces that led to the mob’s decline and eventual exit from the ownership of casinos in Las Vegas. Then, it discusses the trends that led to a crisis for Las Vegas in the early 1980s, and how Las Vegas rebounded by remaking itself to appeal to mass-market and family vacationers.

Some casinos discussed include the Stardust, Riviera, Circus Circus, and Tropicana.

South Dakota antes up

In 1988, South Dakota voters authorized gambling in Deadwood. Originally, the stakes were limited to $5, with mandates on maximum casino size and requirements that casino owners be “bona fide” South Dakota residents keeping major Las Vegas-based operators out of the market.

You can read more about the proliferation of casinos across the U.S. in Roll the Bones: The History of Gambling

Go here to read an excerpt from the book, or learn where to buy your copy.

Casinos in Canada

Casinos evolved quite differently in Canada from the United States, following a mix of the European statist model and the U.S. free enterprise one. Most casinos in Canada are owned by either a provincial government or run for charitable organizations.

Most of the charitable casinos are in Western Canada. The first provincially-owned casino in Eastern Canada, Quebec’s Casino de Montreal, opened in 1993, followed the following year by Ontario’s Casino Windsor, right across the border from downtown Detroit.

There is much more interesting material about casinos in Canada and everywhere else in Roll the Bones: The History of Gambling

Go here to read an excerpt from the book, or learn where to buy your copy.

Me @ G2E: Social media insights

A little while ago I received an invitation to participate in G2E‘s conference track. Here are the details: 9:15AM – 10:15AM (Wednesday, October 05, 2011) Social Media Insights, Part III: ROI Although it officially costs nothing to tweet, the hard costs associated with staffing and content development are undeniable. This session will examine how casinos … Read more

Inside the NJ casino overhaul

As promised, I’ve taken a deeper look at the recent casino regulatory overhaul that passed the New Jersey legislature. My comments are based on version of the bill that was current as of 1/10/11. You can find it right here. First of all, the bill codifies into law the current existential angst the industry is … Read more

G2E evolves in the Las Vegas Business Press

In this week’s Las Vegas Business Press, I offer a long view of the Global Gaming Expo: The conference panels are finished though they have been recorded for posterity, and the last of the exhibit booths have been disassembled at the Las Vegas Convention Center. It is an appropriate time to consider how the industry … Read more