New York competition, smoking, internet betting concerns roil U.S. northeast's gambling market

  • 📰 WashTimes
  • ⏱ Reading Time:
  • 46 sec. here
  • 4 min. at publisher
  • 📊 Quality Score:
  • News: 29%
  • Publisher: 63%

B Hospitality Recreation News

B Mark Giannantonio,B Atlantic City

Casinos in the northeastern U.S. are dealing with numerous challenges as they brace for the arrival of new competitors in New York City.

A gambler touches the screen of a slot machine at Harrah’s casino in Atlantic City N.J., Sept. 29, 2023. Figures released, Tuesday, April 16, 2024, show Atlantic City’s casinos, their online partners and horse tracks that take sports bets won …ATLANTIC CITY, N.J.

“We see New York gaming in general clearly as a threat,” he said, expecting stronger competition for customers from the region and from other countries who will choose to visit and gamble in New York.Atlantic City He predicted it would lead to the loss of as many as 2,500 casino jobs and millions in lost state tax revenue. He supports a compromise proposal to allow smoking to continue away from table games and in areas where no employee would be forced to work.

Some states are taking a renewed look at internet gambling as a way to raise new revenue. It currently is legal in New Jersey, Delaware, West Virginia, Pennsylvania, Michigan, Connecticut and Rhode Island.But Rob Norton, president of Cordish Gaming Group and the Live! casinos, including properties in Maryland, Pennsylvania and Florida, said internet casino gambling has had a detrimental effect on brick-and-mortar casinos.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 235. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines