Northeast Casino Saturation – Here We Go Again

“Northeast casino saturation looms in the background of MGM Springfield opening.”

That’s according to Howard Stutz, Executive Editor, CDC Gaming Reports. In his article on  August 21, 2018 he goes on to write, “See if this sounds familiar. At a gaming conference in Atlantic City, a panel debated the casino saturation point for the Northeast U.S. gaming market.  “There’s a finite amount of gaming revenue out there,” said one panelist. “We are in a very volatile time and we’re in a frenzy of gaming expansion. It needs to stop.”

“Those comments were made three years ago.”

We have heard this since Maine opened a second casino, and wanted a third.  It was said by opposition to the Massachusetts Casino Law.  The demise of 5 casinos in Atlantic City started saturation talk as Pennsylvania added numerous casinos.  The Massachusetts Gaming Commission is still considering keeping only three casinos instead of the original four, worried that the the additional southeast Mass. license would cannibalize Encore Boston Harbor and Plainridge Park patronage. Rhode Island’s legislators are also concerned about the impact on Rhode Island’s Twin River and Tiverton Casinos.

Stutz writes “MGM expects to draw business from Massachusetts communities – Springfield is 90 miles west of Boston. At the same time, the property will try and poach business from Connecticut’s two large Indian casinos, Foxwoods and Mohegan Sun. Springfield is just 26 miles north of Hartford, Connecticut, and roughly 70 miles from the two casinos……The whole Northeast has been on a casino development streak since long before Massachusetts passed its gaming legalization plan, with casinos opening in Pennsylvania, Delaware, Maryland, New York, and Rhode Island.”

Since 2015, the following has happened:

MGM National Harbor

  • MGM National Harbor opened in Maryland
  • Resorts World Catskills opened (80 miles northwest of New York City.)
  • Plainridge Park Racetrack, & MGM Springfield opened
  • Oxford Casino, Maine opened its hotel with casino expansion
  • Twin River Casino will open its hotel and has already moved the Newport Grand operation to the MA/RI state border battle lines with their new Tiverton Casino & Hotel
  • Pennsylvania approved the addition of “mini-casinos” to the 12 brick-and-mortar casinos which are raking in record gaming revenue from their existing operations.
  • New York State has added three casinos, but have under-performed so far.\
  • Resurgence and growth in Atlantic City with Ocean Casino Resort & The Hard Rock Cafe Casino Resort opening in place of the closed Revel and Taj Mahal, respectively.

Will Encore Boston Harbor, a true destination resort, with table games and other expanded amenities, be considered the final straw in the New England Camel’s saturated back?

Connecticut’s two immense resorts, Mohegan Sun Resort Casino & Foxwoods Resort Casino, are expected to feel the brunt of all this expansion. Revenues dipped in September with the opening of MGM Springfield, but no where near what was expected. Michael Pollock, managing director of casino industry consultant Spectrum Gaming Group doesn’t believe Foxwoods and Mohegan Sun will succumb to the new competition.

“The existing properties [in CT] are not without their arsenal,” Pollock told the Hartford Courant. “Both … have made significant capital investments in their properties. They have their own databases covering a huge swath of New England. They are going to be leveraging that.”  After visiting and staying at MGM Springfield, I truly feel the MGM name and its vast MLife members will be what keeps it on the cusp of being called a “destination casino.”  Next year when MGM completes its acquisition of Empire Casino and Yonkers Raceway in New York – just 15 miles north of Times Square and the heart of Manhattan – we could be discussing the “S” word again.

And then there are always the improbable, but still breathing, additions of:

First Light

First Light Resort Casino, Wampanoag Tribe, Taunton

  • Mashpee First Light in Massachusetts (although it seems to be on it’s last leg)
  • The 4th SouthEast MGC casino license in MA (delayed by MGC)
  • The MMCT joint venture for an East Windsor casino by Mohegan & Foxwoods tribes (which received a huge blow by federal court)
  • THE MGM BRIDGEPORT RESORT (CT’s gambling laws would have to be rewritten, with the state losing all of its revenue from the tribes)

A related posts you might find interesting is

“CASINO SATURATION IN THE NORTHEAST 2017” by NETG  and

“Northeast’s casino landscape growing crowded” by

Brian Hallenbeck

In Martin Derbyshire’s fascinating post for PLAYUSA.com, entitled “ARE NORTHEAST CASINOS REACHING A TIPPING POINT?” he writes, “So many casinos have been built across the Northeast, market saturation looks like its right around the corner.”

After seeing 150,000 enter the MGM Springfield opening, I don’t see the corner yet.

Binbin – “Embrace the math in Gambling, not the myth!” 

July Promotions & Events – Final Two Weeks+

Click on the highlighted titles for more details of events of click on the casino links in the menu bar to go to casino websites.

GAMBLING PROMOTIONS & EVENTS 

FOXWOODS RESORT CASINO, MASHENTUCKET CT

$1,000,000 SLOT TOURNAMENT: July 1 – August 23.

Swipe to Rock in Vegas – July 1 – August 31. Activate Entries: September 2 • 6am – 3pm. Grand Prize Drawing: September 2 • 4pm. Celebration Zone 

Foxwoods ♥ New York – Residency has its privileges. Clink on the previous link for details.

Jeffrey Osborne Celebrity Classic, July 29 – 31  – 

DEAL OF A LIFETIME BLACKJACK TOURNAMENT JULY 1 – AUGUST 31

Summer of Dreams Thursdays – July 26 | August 2, 8, 16 & 23, 5 pm – 8pm • Celebration Zone. 

Monopoly Slot Promotion – July 27 • 4PM – 6PM • Great Cedar Casino. Receive $15 Bonus Slot Play and play 5 spins at the max bet on the new Monopoly slot machines and the winnings go right in your pocket.

Beach Ball Hot Seat – Friday, June 29 • 2:00 PM – 10:00 PM . Five guests will be selected in the “Hot Seat” every hour.

ONGOING PROMOTIONS – SPECIAL MILITARY OFFERS & DISCOUNTS, High Hand Poker Frenzy, Young & Fun Days, 55+ Offers


HOLLYWOOD CASINO, HOTEL & RACEWAY, BANGOR ME

QUEEN OF HEARTS PROGRESSIVE – Fridays and Saturdays in July

JACKPOT PARTY – Saturday, July 28th, Win up to $750 of Free Slot Play or the Grand Prize of $1000 CASH.  Play for entries using your Marquee Rewards Card.  2X entries every Sunday, Tuesday, & Thursday.

Midweek Moolah – We’re giving away $50 in Free SlotPlay every 10 minutes between 6PM – 9PM on Wednesdays.

AT HOPS HOUSE 99 – Every Monday in July, from 8AM – 8PM – Every Monday Play One Hour, Eat Free Trivia Night, Thursdays at 7:30

ONGOING PROMOS:  BIRTHDAY BASH – Fridays 8AM – MIDNIGHT ;   50 PLUS REWARDS KIOSK – Every Sunday 1PM – 4PM, VIP CONCERT EXPERIENCE


MOHEGAN SUN RESORT CASINO, UNCASVILLE CT

HOT SUMMER FUN IS BACK at Mohegan Sun.  Click on the links for all the Hot Summer Fun Events and Offers every weekday. “Mohegan Sun Hot Summer Fun Is Back in 2018.”

Mohegan Sun Tequila Tasting – July 20th at 8:00PM

THURSDAY NIGHT POOL PARTIES – at Sun Terrace Pool, Thursdays at 8:00pm. Weekly until Thursday, August 30th 2018

ROAR INTO SUMMER GIVEAWAY – Friday, June 29th 2018, daily until Friday, August 31st 2018. 

ONGOING PROMOTIONS – TURN 21 AT MOHEGAN SUN


NEWPORT GRAND CASINO, NEWPORT RI

Free Slot Play Hot Seat – Free Slot Play Hot Seat, WIN: Fridays, July 20 & 27 from 12PM-9PM; 1 winner every 20 min. wins $100 in Free Slot Play!

5X Rewards Points every Tuesday in July


OXFORD CASINO & HOTEL, OXFORD ME

ONGOING PROMOTIONS2018 Birthday Bash, SATURDAYSuper 6SUNDAY16X Multiplier  TUESDAY – 15X Multiplier WEDNESDAY15X Multiplier & Seniors Day THURSDAY – Missile MadnessEvery Thursday.  3:00pm – 8:00pm &– Free Lunch Buffet (100 pts earned),FRIDAY –  Mega High 5 , Prime Rib BuffetWeekend Breakfast Buffets


PLAINRIDGE PARK CASINO & RACEWAY, PLAINVILLE MA

New Promotions: – Cash & Cruises Promotion & $10,000 July SweepsProspector’s Plunge – Sundays, 1-8PM, Lottery Tickets – Wednesdays

ONGOING PROMOTIONS:  P OF Diamonds  Play Up To $500 Sign Up BonusMonday 50+ Rewards – Swipe your Marquee Rewards card at any of our promotional kiosks from 6AM-11:59 pm for our Mystery SlotPlay bonus.


SPORTING EVENTS

CONNECTICUT SUN BASKETBALL HOME SCHEDULE AT MOHEGAN SUN ARENA

July 20th – WNBA: CT Sun vs Seattle Storm, at Mohegan Sun Arena, 7:99PM

July 24th – WNBA: CT Sun vs Washington Mystics, at Mohegan Sun Arena, 7:00PM

August 1st – WNBA: Connecticut Sun vs. New York Liberty, at Mohegan Sun Arena, 7:00AM

August 5th – WNBA: Connecticut Sun vs. Las Vegas Aces, at Mohegan Sun Arena, 7:00AM

OTHER EVENTS

July 21st – Broadway Boxing at Fox Theater, Foxwoods 7:00PM

July 28th – Lion Fight Boxing at Fox Theater, Foxwoods 6:00PM

Live CES MMA Fighting – August 3 at Twin River Event Center, 7:00PM


ENTERTAINMENT

HEADLINERS

July 20th – Brian Wilson: Greatest Hits Live at Twin River Event Center, 8:00PM

July 25th – EVANESCENCE AND LINDSEY STIRLING at Mohegan Sun Arena, 7:00PM

July 28th – VETERANS OF SNL: JON LOVITZ, DARRELL HAMMOND, CHRIS KATTAN & FINESSE MITCHELL at Mohegan Sun Arena, 8:00PM

July 29th – Jeffrey Osborne All Star Comedy Explosion – at Grand Theater, Foxwoods, 8:00PM

July 29th – Smashing Pumplins at Mohegan Sun Arena, 7:00PM

July 31st – Camila Cabello – at Mohegan Sun Arena, 7:30PM

August 2nd – HALESTORM + IN THIS MOMENT at Mohegan Sun Arena, 7:30PM

August 3rd – Rise Against at Mohegan Sun Arena, 7:00PM

August 4th – Eric Moo, at the Grand Theater, Foxwoods, 1:00PM

August 4th – Jason Mraz at Mohegan Sun Arena, 8:00PM

August 4th – Boyz II Men at Twin River Event Center, 8:00PM

August 4th – The Cult, Bush, Stone Temple Pilots, at the Grand Theater, Foxwoods, 7:00PM

August 4th – Two Kings and A Queen, at the Fox Theater, Foxwoods, 7:30PM

August 5th – Boy George and Culture Club and Thompson Twins’ Tom Bailey, at the Grand Theater, Foxwoods, 7:00PM

 

NETimeGambling Looks Back & Forward from 2014

“All change is not growth, as all movement is not forward.” ~Ellen Glasgow

Two years ago in New England.

Four years ago in New England.

A Look Back to 2014

I was looking back at old NETimeGambling posts from 2014 & 2015. So many changes have take place in New England’s Casino Industry.  It’s hard to remember some of the proposals that failed compared to those that have materialized. A few years ago, New England was simply an area with a few casinos. Let me remind you what was happening back then:

“Connecticut Casinos are on the verge of losses beyond recovery. (Instead, by 2017, both Foxwoods and Mohegan Sun have made many additions and changes, and have diversified their interests into other revenue generating areas, making their relevancy in New England stronger and ready for the New England’s casino expansion.)

”Massachusetts is still in a mess concerning it’s third full casino license in the Southeastern area.” (Eventually, the Massachusetts Gaming Commission passed the New Bedford waterfront and chose Rush Gaming’s proposal in Brockton – but when the Wampanoag tribal casino looked to generate more for the state, the southeast region license was denied to Brockton.  At this time, “First Light Resort of the Wampanoag tribe is stuck in a lawsuit with the townspeople of Taunton.)

Remember when there were two other bidders besides Penn National Gaming for the Slots-only casino? Raynham Park, a former dog-racing track; and Cordish Bros., which had proposed building a slots parlor in Leominster were the other two.

Mohegan Sun was denied not one proposal, but two – in Palmer to MGM Springfield, and Revere’s Suffolk Downs to Steve Wynn’s casino in Everett.

By the way, Mohegan Sun was Suffolk Down’s second suitor. Caesars Entertainment had to withdraw from a connection with Suffolk Downs in 2013 due to alleged ties to Russian organized crime.

A Look Forward From 2015

Southeastern New England’s expansion possibilities in 2015

In 2015, I suggested that the peak number of prospective casinos in New England (prospective, but not probable) totaled at 20! Yes I know, as Tevye from “Fiddeler on the Roof said, “crazy, no!”

Here’s what I posted in 2015. These were my insane expansion numbers of casinos in New England: (for laughs and giggles)

CONNECTICUT – 2 tribal resorts, and 3 tribal “satellite” casinos = Total of 5
RHODE ISLAND – 2 casinos, both under the name of Twin River Casino, Hotel & Resort = Total of 2
MASSACHUSETTS – 3 casino resorts, 1 slots-only parlor, 1 tribal (Wampanoags) = total of 5
NEW HAMPSHIRE – 2 casinos = (don’t count on it, although I expect it brought to legislature at least two more times in the next ten years) = Total of  2
VERMONT – yes, even Vermont has been questioning keeping its revenue in the state, since threatened by MA & NY = Total of  1
MAINE – 3 casinos, all expanded to small resorts and 2 tribal (Maliseets & Passamaquaddys) = Total of 5

Some say the Northeast is already saturated. Can you imagine if all this did come true?

Main Street, Red Rose Pizza in the far left corner. In between is Howard Street to the Cinema, Bowling, and Event area

I can’t wait to see what really happens before my eyes. And it all starts next year with MGM Springfield. Remember, “all change is not growth.”  But change is on the horizon.

Make it so!

That’s all for now.

Binbin