MrCasinoGames
MrCasinoGames
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April 25th, 2019 at 8:38:35 PM permalink
Should Atlantic City put a cap on the number of casinos? http://bit.ly/2UV1DnY

* New Jersey state report calls for review of Atlantic City casino regulations

ATLANTIC CITY Now that the casino market has stabilized after a brutal 10-year stretch, which saw gaming revenues cut in half and five properties close their doors, some experts and officials believe now may be the time to review existing regulations to prevent another calamity. http://bit.ly/2UV1DnY
Stephen Au-Yeung (Legend of New Table Games®) NewTableGames.com
TinMan
TinMan
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MrCasinoGamesMission146
May 8th, 2019 at 6:53:13 PM permalink
I hope many more casinos open. Let the weak ones die. Competition is always a positive for gamblers.
If anyone gives you 10,000 to 1 on anything, you take it. If John Mellencamp ever wins an Oscar, I am going to be a very rich dude.
FatGeezus
FatGeezus
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MrCasinoGamesMission146
May 9th, 2019 at 8:31:52 AM permalink
Casino gambling should not be restricted to Atlantic City. It should be allowed throughout the state of NJ.
Mission146
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MrCasinoGames
May 10th, 2019 at 9:09:48 AM permalink
Quote: FatGeezus

Casino gambling should not be restricted to Atlantic City. It should be allowed throughout the state of NJ.



I agree with you on that, but it seems that the voters (many of whom are presumably from in/around AC and benefit from those casinos not having any competition from elsewhere in the state) have disagreed as recently as 2016. At 77.24%-22.76% NO, the vote was not particularly close.
Vultures can't be choosers.
darkoz
darkoz
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May 10th, 2019 at 9:42:13 AM permalink
Quote: Mission146

I agree with you on that, but it seems that the voters (many of whom are presumably from in/around AC and benefit from those casinos not having any competition from elsewhere in the state) have disagreed as recently as 2016. At 77.24%-22.76% NO, the vote was not particularly close.



The 2016 vote was held at the worst time.

I mean if 1/4 of the casinos had just filed for bankruptcy and shuttered in las vegas would anyone in Nevada be gung ho over expansion?

That was the situation in AC and NJ in 2016
For Whom the bus tolls; The bus tolls for thee
Mission146
Mission146
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May 10th, 2019 at 10:18:15 AM permalink
Quote: darkoz

The 2016 vote was held at the worst time.

I mean if 1/4 of the casinos had just filed for bankruptcy and shuttered in las vegas would anyone in Nevada be gung ho over expansion?

That was the situation in AC and NJ in 2016



I agree with that and wrote about the whole thing on a few occasions. Interestingly enough:

https://ballotpedia.org/New_Jersey_Allowance_for_Casinos_in_Two_Additional_Counties,_Public_Question_1_(2016)

A poll done early in 2016 had the vote split at 48% yes and 48% no. Of course, the polling sample only consisted of 806 people, so there was probably a ton of variance involved that may have, as much as anything, boiled down to where in NJ the people being asked lived.

Another interesting point of the, "Campaign," for lack of a better word, is that most of the money spent against the passage was by out of state gambling interests. Namely, Genting N.Y., Empire Resorts and Yonkers Raceway. Money spent against the proposition was significantly more than money spent in favor...so that's likely another reason (in addition to possible Variance) for the 48-48 split to turn into such a one-sided affair. Of course, seeing the Trump Taj Mahal close that year also probably gave some pause to those considering a, "Yes," vote.

It's hard to say what would happen if there is another vote on this in 2020, which I think is the earliest they could do it. You'll definitely see NY Gaming interests pouring in money in an effort to prevent it again, as they don't want any competition anywhere near NYC, particularly not in the Trenton area.
Vultures can't be choosers.
lilredrooster
lilredrooster
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Mission146
May 10th, 2019 at 3:20:47 PM permalink
𝐲𝐨𝐮 𝐥𝐢𝐯𝐞 𝐛𝐲 𝐭𝐡𝐞 𝐬𝐰𝐨𝐫𝐝................. 𝐲𝐨𝐮 𝐝𝐢𝐞 𝐛𝐲 𝐭𝐡𝐞 𝐬𝐰𝐨𝐫𝐝



gambling is the 𝐦𝐨𝐬𝐭 𝐚𝐠𝐠𝐫𝐞𝐬𝐬𝐢𝐯𝐞 legal method of extracting money from patrons - more aggressive than alcohol sales

if the casinos fail for whatever reason - I have no sympathy at all for them - let the chips fall where they may - they should not in any way be protected from a free and open market

yes, I feel for the workers who might lose their jobs - but they chose this as their occupation

they're no more deserving than cab drivers who've been decimated by Uber and Lyft

no more deserving than Chrysler, GM and Ford workers decimated by foreign competition

if the car dealers got together and said there should be no more car dealers allowed in Philadelphia and its suburbs there would be hell to pay - no legislator who was not on the take would consider such a ridiculous proposal
𝘈 𝘮𝘢𝘯 𝘵𝘩𝘪𝘯𝘬𝘴 𝘵𝘩𝘢𝘵 𝘣𝘺 𝘮𝘰𝘶𝘵𝘩𝘪𝘯𝘨 𝘩𝘢𝘳𝘥 𝘸𝘰𝘳𝘥𝘴 𝘵𝘩𝘢𝘵 𝘩𝘦 𝘶𝘯𝘥𝘦𝘳𝘴𝘵𝘢𝘯𝘥𝘴 𝘩𝘢𝘳𝘥 𝘵𝘩𝘪𝘯𝘨𝘴.... ᴴᵉʳᵐᵃⁿ ᴹᵉˡᵛⁱˡˡᵉ
darkoz
darkoz
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Mission146
May 10th, 2019 at 4:09:35 PM permalink
Quote: lilredrooster

𝐲𝐨𝐮 𝐥𝐢𝐯𝐞 𝐛𝐲 𝐭𝐡𝐞 𝐬𝐰𝐨𝐫𝐝................. 𝐲𝐨𝐮 𝐝𝐢𝐞 𝐛𝐲 𝐭𝐡𝐞 𝐬𝐰𝐨𝐫𝐝



gambling is the 𝐦𝐨𝐬𝐭 𝐚𝐠𝐠𝐫𝐞𝐬𝐬𝐢𝐯𝐞 legal method of extracting money from patrons - more aggressive than alcohol sales

if the casinos fail for whatever reason - I have no sympathy at all for them - let the chips fall where they may - they should not in any way be protected from a free and open market

yes, I feel for the workers who might lose their jobs - but they chose this as their occupation

they're no more deserving than cab drivers who've been decimated by Uber and Lyft

no more deserving than Chrysler, GM and Ford workers decimated by foreign competition

if the car dealers got together and said there should be no more car dealers allowed in Philadelphia and its suburbs there would be hell to pay - no legislator who was not on the take would consider such a ridiculous proposal



If I remember Correctly it was a campaign of tv n radio ads exacerbating all the evils of gambling to nj voters trying to get them to vote no which it turned out was primarily financed by the NY casinos
For Whom the bus tolls; The bus tolls for thee
Gialmere
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AxelWolfMission146MaxPen
May 10th, 2019 at 4:30:30 PM permalink
I'd settle for a cap on the number of casinos a corporate entity can own in a given zipcode.
Have you tried 22 tonight? I said 22.
BedWetterBetter
BedWetterBetter
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May 20th, 2019 at 5:39:50 PM permalink
The new/re-opened Casinos have been doing well this year, so I can't see the harm in more casinos opening. It will offer more jobs and more AP offers with tier match, free play match, etc. The more the merrier!

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