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Great chart on North East US casino revenues

Started by jimmybond on Monday, 11th August 2014 9:42 am
Last response by adztheman 13th August 8:24am

NYTimes has a great interactive chart of revenues of every NE US casino from 1990 through 2013. Stunning to see the decline in revenues in Atlantic City, e.g. Trump Plaza in AC going from $500mm+ revenue in the late 90s to $73mm last year. Thanks in no small part to entrants like the the new Resorts World racino which did nearly $800mm revenues last year. Be sure to click "by state" to see an easier breakdown with commentary on each region. Both Foxwoods and Mohegan Sun look to be down over 40% in revenues from their peak last decade, though the Connecticut figures excludes table games.

http://www.nytimes.com/interactive/2014/08/11/us/crowded-market-for-casino-gambling.html


from article about NY casinos:

http://www.nytimes.com/2014/08/11/nyregion/albany-doubling-down-as-casino-boom-fades.html
e=MoreInSection&pgtype=article

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 jimmybond responded on Monday, 11th August 2014

not sure why second link got screwed up in HTML but the full article is at
http://www.nytimes.com/2014/08/11/nyregion/albany-doubling-down-as-casino-boom-fades.html

 nullzero00 responded on Monday, 11th August 2014

"Most of the money bet at Indian casinos in Connecticut has come from gamblers traveling from Massachusetts and New York, who increasingly have closer alternatives."

I guess the author never went to those alternatives. Mohegan Sun blows them all out of the water by miles. And hey, if you like shitty dealer service, there's always Foxwoods too...

 adztheman replied on Wednesday, 13th August 2014

As someone who lives about 90 minutes from Foxwoods and Mohegan Sun, I find I like both for different reasons...but lean towards Mohegan..

Mohegan's buffet copied what makes Cravings work at the Mirage; their slot floor is updated constantly, and their drink service has improved.

There is also plenty of Video Poker inventory much of at 8/5 in a variety of denominations..and Mohegan's layout makes sense...

Foxwoods video poker offerings have gotten better, but so little has changed there in the last five years; the place needs a facelift; building a retail connector will be interesting, but will it be enough?

I was at Foxwoods over the weekend, and noticed a new selection of quick eateries, including a popular Boston Pizza chain, and a Starbucks..that helps, but its taken a while...

 Diablo responded on Tuesday, 12th August 2014

As a NY'er I have no reason to go to ANY casino on the east coast. The one closest to me, Resorts World, is an embarrassment...its not even a casino, but a slot parlour...or more like it, a lottery terminal parlour (theyre not real slot machines). A complete joke as ive ever seen one.

AC; i used to go for a day trip (drive there, gamble, drive back), but thats become pointless. stay there overnight? no way, besides the outrageous room rates, theres nothing to do there besides gamble.

As many people who are not degenerate gamblers have figured out, its much better to save your money for a yearly or twice a year trip to Vegas (which offers sooo much more) from the East coast than to waste your time and money on the junk we have here.