Did Foxwoods & Mohegan Sun secretly wish that the future casino saturation in the Northeast was true when Massachusetts passed the gaming law in 2011? Were there hushed discussions over Connecticut casino water coolers wishing for the repeal of gambling in Massachusetts back then?
At one point, I was beginning to believe the number of possible casinos in New England may indeed saturate the region. In case you haven’t been following, here are the number of casinos by state now in 2017 from Maryland to Maine:
- Maryland – Six casinos, with the addition of MGM National Harbor; began as slots only in 2008, added tables games after 2012 as revenue increased.
- Delaware – Three VLT based casinos at the three pari-mutuel racetracks operated by the Lottery. Table games added in 2010. Revenue number in decline. There is also one poker room in Wilmington.
- Pennsylvania – Twelve casinos authorized and built after 2004; Revenue decreased in 2013, but still puts plenty of pressure on surrounding states. A 13th casino is being built in Philadelphia.
- New Jersey – Gambling approved in 1976. As of 2017, seven casinos are left with five closing it’s doors.
Revel, now Ten, is still in casino limbo, and Showboat is a shell of itself as a Hotel only. Recent purchase of the Taj by Hard Rock Cafe has given a little hope to the Jersey shore. Revenue consistently declined until recent stability. Rumors persist for future casinos built in northern NJ around NYC.
- New York – The biggest growth of casino gambling in the northeast has been in the Empire State. Beginning with change of two Class II Indian Casinos to Class III after 2003, casino growth continued with presently 22 casinos, 11 of which are tribal. One additional casino will be introduced Indian Class III casinos have the only slots, the rest in NY are VLT that act like bingo terminals. Resorts World continues to have one of east’s highest grossing revenues. One additional casino is slated to be finished by 2018 near the NE corner of PA.
- Connecticut – Began Class III gaming with two casinos – Two casinos – Foxwoods in 1994 & Mohegan Sun in 1996.
Since recession of 2007, they have experienced constant revenue declines with some bounce back months. A 3rd casino venture by both Pequot and Mohegan tribes has had mixed success in their bid to compete with MGM Springfield.
- Rhode Island – Two Casinos – Twin River (with table games) and Newport Grand (slots only). Newport will be moving operations to a new casino/hotel in Tiverton, RI.
- Massachusetts – Four licenses were to be handed out according to the MA gambling law of 2011. Plainridge Park casino has been in operation since 2015, MGM Springfield is scheduled to open in 2018 and Wynn Boston Harbor has completed clean-up to begin construction on its resort. The tribal casino once scheduled for Taunton, MA. is stuck in litigation.
- New Hampshire – Once again, (almost a yearly occurrence) NH legislature has submitted a bill for two casinos in the Granite State. There are numerous successful poker rooms in NH.
- Maine – Two casinos opened, Hollywood in 2005 and Oxford in 2012. Both will have hotels by the summer of 2017. There is one class II Indian Casino and a second push for a third casino in York county.
So, the math is a little weird with all the closings, possibilities, votes, etc. The count seems to be over 50, + or – …………….well, we’ll just wait and see.
Back in 2014, Scott Calvert and Jon Kamp wrote in the Wall Street Journal that “Twenty-six casinos have opened since 2004, fueling a 39% increase in total annual gambling revenue in the mid-Atlantic and New England……Within 100 miles of Philadelphia, there now are 24 casinos, a big shift from the early 1990s, when Atlantic City, N.J., enjoyed an East Coast monopoly.”
Since that report, gaming continues to become a large part of the northeast landscape. The original question posed in 2014 was, “Is there saturation in the northeast? If it wasn’t then, it sure is beginning to look like it now, as states see gambling as a quick fix for state budget problems.
What do you think? Are there too many casinos in the northeast? Email us, or send us a tweet at netimegambling,com
That’s all for now.