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As casinos spring up in the Northeast in the casinos in the northeast few years — and Connecticut lawmakers debate adding even more — it's a wonder if the region can sustain them all. A region has its limits. In Atlantic City, N. The recession didn't help. Some of the casinos that failed casinos in the northeast have had unsustainable business models. But at what point does a region have too many casinos — and is the Northeast reaching that point?

Barrow, who has researched gambling and casinos for more than 20 years, particularly while he was director of the Center for Policy Analysis at the University of Massachusetts-Dartmouth, a job he left in June The gambling business has been at the top of Connecticut legislators' minds as they consider whether continue reading add as many as three casinos in the state, to be jointly operated by the Mohegan and Mashantucket Pequot tribes.

They do so with some urgency: HARTFORD — A proposal to expand casino gambling in Connecticut advanced Thursday, easily passed by the legislature's public safety committee.

The bill, An Act Concerning Gaming, passed The easy passage reflects concerns that a lack of action in Connecticut would leave the state's two casinos Additional casinos will divvy up some portion of the region's existing market share.

New competition for Foxwoods Resort Casino and Mohegan Sun has resulted in — and, many agree, will continue to result in — layoffs, lost casino revenue, and less tax revenue to the state from slot machines.

The tribes have said they will have to lay off 3, people at each casino to accommodate lower revenue when new casinos open beginning in in New York and See more. If the tribes were allowed to operate a casino along I north of Hartford, their leaders say, some of those jobs casinos in the northeast be retained, though in a different part of the state than southeastern Connecticut, home to the two largest casinos in the Western Hemisphere.

The tribes are pursuing two strategies: Experts say there are two types: The casino along I would be for gamblers looking for convenience. Specifically, it would cater to Greater Hartford customers who may already be customers at Mohegan Sun and Foxwoods, but will be tempted to go to MGM Springfield when it opens because it's closer to where they live.

The heads of both tribes say the effort to add another casino in Connecticut casinos in the northeast purely a defensive move to capture those convenience gamblers and retain an existing customers base. We just want to be in the fight," said Kevin "Red Eagle" Brown, chairman of the Mohegan Tribal Council.

Mashantucket Pequot Tribal Council Chairman Rodney Butler said, "Most of the population [in the Casinos in the northeast has access casinos in the northeast convenient gaming on some level. MGM Springfield has an advantage over either Mohegan Sun or Foxwoods by being closer to the Greater Hartford market, and MGM officials have said they plan to market the venue in Connecticut. The best casinos in the northeast to counter MGM's advantage, the tribal leaders have said, is to have a location that is even more convenient, meaning someplace in Connecticut between Hartford and Springfield.

MGM would not talk about how a new Connecticut casino could threaten its business plans. Spokeswoman Carole Brennan said in a statement, "We casinos in the northeast confident that as a mixed-use urban revitalization project our innovative downtown design, tested marketing plan and strong brand will make MGM Springfield a unique destination resort casino in the Northeast. At a legislative hearing Tuesday, Barrow, the professor, testified that the Northeast can accommodate more casinos, and that Connecticut would be able to retain some portion of the revenue it stands to lose to MGM Springfield if the tribes are allowed to open a casino on I Barrow has long been an casinos in the northeast academic researcher of the casino industry, particularly in the Northeast.

However, he was recently hired by both tribes to look at how much revenue they stand to lose when MGM Springfield more infoenter www lincolncasino der how much might be regained if the tribes open a casino north or Hartford.

His research shows that overall spending at U. In the Northeast, the total revenue at casinos increased — as did the number of casinos casinos in the northeast in the past six years. The growth rate began to taper off between and People talk casinos in the northeast casino "saturation" in a casinos in the northeast without really understanding what it means or involves, Casinos in the northeast said.

It depends on population and income, which grow. It also depends on the percentage of income that a group of people is willing to spend on casino gambling, Barrow said.

Aside from how much money each person spends on gambling, there's a question of how many people read more actually go to a casino.

Broadly, across the U. Will the total amount of money customers spend at casinos in the Northeast increase? It did from tobut then total spending at casinos was relatively flat between and Moody's Investor Service analyst and Senior Vice President Keith Foley said many people believe the Northeast casinos in the northeast market is already saturated.

Foley said he thinks any additional casinos in the Northeast will take part of the existing market share. In other words, Connecticut's casinos will lose revenue to the new casinos that are opening up in Massachusetts and New York, but Foley said overall spending is likely to florida tampa casinos in flat.

The market share just shifts," Foley said. If recent history is any indicator, existing casinos have a lot to lose when casinos in the northeast ones open nearby. Closer to home, expanded gambling venues in Rhode Island, New York and elsewhere ate a portion of total revenues at both Foxwoods Resort Casino and Mohegan Sun.

The casinos laid off workers as a result. At Foxwoods, where revenues declined 43 percent in the past eight years, the casino's workforce has been reduced to 7, employees from a peak of about 12, in At Mohegan Sun, where revenues dipped 35 percent in the past eight years, the casino has 7, workers, down from a high of about 10, in A new slots parlor that will open in a few months in Massachusetts, not far from Connecticut's northeast corner, is expecting a decline in revenue when resort casinos open in the Bay State.

Penn National Gaming locator vegas the sole license to operate a slots parlor in Massachusetts, which is separate from the three casinos in the northeast casinos proposed in the state — one for each of three regions: The expanded venue, now under construction, will have 1, slot machines, video poker, video blackjack casinos in the northeast other electronic gaming machines.

In Penn's application to the Massachusetts Gaming Commission, the company estimates more info revenues will decline in revenue in and as other resort casinos open up in Springfield and Everett, Mass. The company noted that its revenue projections assume that resort casinos will be operational in the third year Plainridge is open, when revenues start to decline.

The chairmen of both the Mohegan and Mashantucket Pequot tribes say they expect to decrease their workforce by another 3, employees each when new casinos open up in Massachusetts and New York if they aren't allowed to open up additional venues, particularly one on I north of Hartford. Mohegan's chairman, Brown, said he thinks another 12, jobs will be lost in indirect employment, meaning people who are vendors with the casinos or who benefit by doing business with its employees who buy cars, houses and other goods and services in the region.

Both tribes are investing in their flagship casinos to casinos in the northeast compete with new venues opening in the coming years. Foxwoods will open an store mall in May called Tanger Outlets Foxwoods. At Mohegan Sun, the Mohegan tribe is adding 50 retailers and building a room Earth Hotel to its existing stock of casinos in the northeast, rooms at the casino's Sky Hotel, which will allow the resort to better accommodate conventions, among other events.

Whether the investments will bring in a new group of customers, such as convention groups that haven't previously booked an event at the casino or new gamblers, remains to be seen. If the total amount spent on gambling remains flat, then how much of Connecticut's market share will the other states take?

And, how much could be kept if Connecticut added additional casinos? Some of those details will be revealed in the report that Barrow is preparing for the tribes, which he expects to release this week. The tribes are paying him to research the issue, though he said he did the research at "an arm's length" from them and without any of their proprietary information — just well-accepted methodology and read more available figures.

Legislators got a glimpse of Barrows' newest research during a legislative hearing last Tuesday. Whether the tribes will casinos in the northeast able to recapture some of that lost revenue, and how much, depends on what they build, said Foley, the Moody's analyst. Even Barrow's own research has found that 75 percent to 80 percent of visitors to Foxwoods and Mohegan Sun never go to Twin River Casino in Lincoln, R.

But Barrow said the "convenience" gamblers in Connecticut will go to the closer venue. These are folks who play slot machines, primarily, and table games, to a lesser degree, he said.

They don't go there to stay overnight. They tend to come casinos in the northeast a tominute article source. And they will visit both types of facilities, but their preference is, most of the time, to visit the closest one. They're just looking for a slot machine. As an illustration casinos in the northeast convenience gambling, about 15 percent of Foxwoods' customer base comes from Rhode Island, Barrow said.

And if you look at the visitations from New York, it's exactly the opposite. Four casinos closed in Atlantic Casino hotel, N. The number was incorrect in an earlier version of this story. How Many Casinos Are Too Many?

The Plainridge Racecourse is the next New England casino facility to come online, adding slots in June to the casinos in the northeast exiting horse racing trotter venue. Matthew Sturdevant Contact Reporter Is the Northeast headed for an overabundance of casinos, a la Atlantic City?

That's a total of 8, casino workers in Connecticut who were laid off since Planning For A Decline A new slots parlor that will open in a few months in Massachusetts, not far from Connecticut's northeast corner, is expecting a decline in revenue when resort casinos open in the Bay State. Blocking Action Whether the tribes will be able to recapture some of that lost revenue, and how much, depends on what they build, said Foley, the Moody's analyst.

Mohegan has more New York customers than Foxwoods. Privacy Policy Copyright ©Hartford Courant. Mohegan Casinos in the northeast Through The Years Interactive QPoll Results: White horse pass casino Pot, Casinos, Malloy and More.

Foxwoods, Mohegan Sun Face Tough Future Plainridge Racecourse Construction on Plainridge Park Casino. Obits e-Newspaper Breaking Sports Video Politics Community Most Viewed 69° trb. Visitors react to their fortunes at the new video poker slot machines at the Foxwoods Casino in Ledyard.


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