Foxwoods Casino & Resort lost its bid for a Massachusetts Casino in Milford by a vote of 2 to 1 Tuesday night, leaving only MGM and Wynn left in Spingfield and Everett respectively. With the exception of the Southeast license and the Wampanoags, only two remain now, for Massachusetts West and East licenses.
And where does that leave the anticipated expansion of the CT casinos? Obviously in New England, no where – it’s them against possibly 4 more states with casinos totaling up to 10 other Casinos in New England by 2018.
Has their dominance worn off? I would say “yes.” Both casinos have their clientele being pulled away in all directions. Twin River in Rhode Island is having tremendous results with the addition of table games. New York state, especially NYC’s VLT casinos, are pulling from the west, and so far, it seems the glitz of the world’s gaming industry giants will take residence in Massachusetts. Mohegan Sun and Foxwoods wont even be the only tribal casinos if both Wampanoag Tribes get their casino wishes in Taunton and Cape Cod.
So, even though they are the 2 of the largest 4 Casinos in the U.S., they might just become just another casino in New England. If you need another example, check out Delaware’s racinos and their loss of relevance in the Mid-Atlantic area. And we all know where the stubbornness of Atlantic City and their lack of rebranding and aggressive offers put them.
So, what will CT’s casinos do to keep their relavance in the future. Will they become the likes the Luxor of the Las Vagas Strip – just another casino on the strip, or will they strive to be the leader to keep up with class of gaming – Wynn and MGM?
I hope its the latter.
That’s all for now.