Interesting thread and despite all I have seen on the mj subject all the replies did get me thinking more.
We are getting to where states are preempting the feds on mj laws, sooner or later the feds might just throw up their hands and decide if people want to smoke and toke their brains out then just let them. I have rarely heard of the feds doing a mj bust except at the border, Maybe the good thing is to focus on keeping the Mexican stuff out and let locals grow USA supply?
As to casinos, it will be tricky for them. A casino or hotel room that smells of dope is one that I will leave and likely not return to. Not for any high level moral reason but because I do not want to be stinking of pot. Will a billion dollar property want to risk that investment to cater to the stoner crowd, or just stoners and those who want to be a stoner for a weekend?
OTOH, I could see a lower-end property having a mj bar, same as they might have a cigar bar. Make it real high end with all kinds of variety. BUT, it is still a federal crime! Again, who is going to risk a billion dollar property for such small incremental revenue. Even if you rented the concession, the feds could still take the place and change the sign to "Obamas Palace." Risking a small storefront in CO is one thing, risking a strip property is another.
Would it increase gaming revenue? I doubt it would much. First, assume they keep it off the floor because if the place smells like pot they will lose the non-stoner trade. That alone is a decrease. Lets assume that they limit the smoking to just designated hotel rooms and a pot lounge. Anything I have seen of pot smokers is that mj lessens desire to do anything, even get up out of your chair. I do not see people getting high and then figuring to go gamble. More getting high and then staring at the doorknob for half an hour. Or in a lounge setting, getting high while chilling and chatting with others getting high, talking jibberish.
Will there be pot tourism? Absolutely. Is it worth it for a major property to get involved with it? That is way more tricky.
Tolerance is the virtue of believing in nothing