In Ken Dooley’s post “If professionals are not able to run casinos at a profit, what chance do three real estate developers have?” the anti-casino group concerned with Newport’s expansion may have a good point.
Ken looks at the distance between competing casinos as a detriment to the proposed influx of jobs, he actually shows how close competing casinos could be for Newport, as well as each other in Eastern Mass., CT, and RI.
What I found striking was not the incredible competition in Southeastern New England, but how little competition MGM Springfield will have.
I have to hand it to MGM Resorts International. Not only were they always ahead of everyone else’s proposal and ahead of the anti-casino crowd, but they concentrated on an area that has little competition.
Considering that Ken Dooley’s mileage is factual (and it seems to be), MGM Springfield’s closest competition lies in CT, Twin River in Rhode Island, and two slot parlors in Plainville and Newport. Everyone else is battling it out for the gamblers in the tri-state corner of MA, RI, & CT.
I tip my chapeau to you, monsoirs. MGM could become the big winner in New England. At least Massachusetts did something right with that choice.
That’s all for now.