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EvenBob
EvenBob
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December 22nd, 2013 at 10:12:14 PM permalink
http://www.myfoxny.com/story/24280415/the-next-detroit-atlantic-city-and-las-vegas-facing-catastrophic-collapse
"It's not called gambling if the math is on your side."
sodawater
sodawater
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December 22nd, 2013 at 10:20:40 PM permalink
the article does a nice job summarizing the history of the gambling industry, but really doesn't back up its gloomy outlook.

NJ is the most densely populated state in the union. there will always be a market for casino gaming there.

las vegas has such a head start on entertainment and amenities that -- failing a huge expansion of casino-resorts in southern california -- it will rule the western market for some time.
EvenBob
EvenBob
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December 22nd, 2013 at 10:23:58 PM permalink
Quote: sodawater

failing a huge expansion of casino-resorts in southern california -- it will rule the western market for some time.



His point is, that's what they said about Detroit. Vegas
is suffering from the slow death of a thousand cuts.
Not any one cut will kill you, but together they add up
to eventually do you in.
"It's not called gambling if the math is on your side."
Pokeraddict
Pokeraddict
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December 23rd, 2013 at 12:47:13 PM permalink
http://www.uspoker.com/blog/las-vegas-next-detroit/7116/

^^^ My rebuttal to that column.
AcesAndEights
AcesAndEights
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December 23rd, 2013 at 1:02:50 PM permalink
Quote: Pokeraddict

http://www.uspoker.com/blog/las-vegas-next-detroit/7116/

^^^ My rebuttal to that column.


Nice article. AC is in a far, FAR worse situation than Vegas.
"So drink gamble eat f***, because one day you will be dust." -ontariodealer
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