Casino invasion

Atlantic City's problems started when other states started approving casinos.  Pennsylvania has one in the Philly area, one in the Bethlehem area and one in the Poconos. NYC metro has the Yonkers Racino and slots and table games at the Resorts World Casino near Aqueduct Race Track. The fools in AC ignored their own demographics and the politico power brokers in  South Jersey in concert with Gov Christie pretended AC had no competition.

Gamblers in North/Central Jersey and PA no longer make the drive to AC. NJ is losing big tax revenue while ignoring the slide in AC. Now there is talk of a casino in NJ in the Meadowlands or Jersey City.

NY is trying to put a casino in an area to take advantage of the lucrative northern NJ/Westchester/Rockland areas of the NY Metro market. One of the potential sites is Tuxedo Ridge Ski area.

x10003q wrote

Atlantic City's problems started when other states started approving casinos.  Pennsylvania has one in the Philly area, one in the Bethlehem area and one in the Poconos. NYC metro has the Yonkers Racino and slots and table games at the Resorts World Casino near Aqueduct Race Track. The fools in AC ignored their own demographics and the politico power brokers in  South Jersey in concert with Gov Christie pretended AC had no competition.

Gamblers in North/Central Jersey and PA no longer make the drive to AC. NJ is losing big tax revenue while ignoring the slide in AC. Now there is talk of a casino in NJ in the Meadowlands or Jersey City.

NY is trying to put a casino in an area to take advantage of the lucrative northern NJ/Westchester/Rockland areas of the NY Metro market. One of the potential sites is Tuxedo Ridge Ski area.

Lucrative to who though? Is it in the states best interest?

Hmmm

No.

ml242 wrote

Lucrative to who though? Is it in the states best interest?

Hmmm

Whether you agree with gambling or not, since 1978 NJ has become used taxes and jobs from gambling. By ignoring the surrounding states' increase in gambling venues the inevitable is happening in AC, including loss of tax revenue and jobs.

x10003q wrote

ml242 wrote

Lucrative to who though? Is it in the states best interest? Hmmm

Whether you agree with gambling or not, since 1978 NJ has become used taxes and jobs from gambling. By ignoring the surrounding states' increase in gambling venues the inevitable is happening in AC, including loss of tax revenue and jobs.

Still didn't answer his question.

In fact, your posts have been weird in this thread. Usually, you like to mix it up in an argument, but you haven't really offered a anything new here.

Just an observation.

To me the issue is scalability.

Letting the indians do it because we stole their country is one thing. But once every single town has gambling, you've got nothing.  Barely profitable venues all across the country, that get by, barely, by enticing people to spend money, some who can't afford their basic needs in life.

On the other hand there are a ton of products out there that add little or nothing to society (granted that's a matter of opinion) and costs us all money.  It's also not scalable to try to single one out.

mattchuck2 wrote

x10003q wrote

ml242 wrote

Lucrative to who though? Is it in the states best interest? Hmmm

Whether you agree with gambling or not, since 1978 NJ has become used taxes and jobs from gambling. By ignoring the surrounding states' increase in gambling venues the inevitable is happening in AC, including loss of tax revenue and jobs.

Still didn't answer his question.

In fact, your posts have been weird in this thread. Usually, you like to mix it up in an argument, but you haven't really offered a anything new here.

Just an observation.

The big gambling companies would be lining up for a chance to put a casino in North Jersey. I would not say it would be "lucrative" for NJ, just that it might bring the tax $$$ that NJ collects on gambling closer to what it was before the AC reductions.

A Meadowlands or Jersey City casino should do well. Both have established rail connections to Manhattan and huge populations within 30 miles. Jersey City might be a bigger pain to drive to, but it has better rail connections vs the Meadowlands. The Meadowlands is easier to get to by car and  has a lot more reasons to visit -shopping, horse racing, football stadium and the arena and possibly even skiing. If they build some hotels I could see Giant/Jet fans coming in Saturday night for a Sunday game.

There is a reason Cuomo has extended the Catskills region down to Tuxedo Ridge for gambling, there is a big unserved market.

http://nyti.ms/1lOLSaW

Did anyone notice what is right across the street from this proposed casino site in Orange County? It's not explicit mentioned in the article, but a quick look at Google Maps should answer the question.