Slicing up a smaller pie

Moody's recently changed its outlook on the US casino gambling industry from "stable" to "negative." From Moody's SVP in a press release: "The fact regional gaming revenues excluding Nevada remained flat, despite further improvement in the economy and additional regional casinos throughout the US, is a strong indication that US consumers will continue to limit their spending to items more essential than gaming, even as the US economy continues to improve."

Oh, and apparently a political roadblock to opening casinos in northern New Jersey is softening.

[Moody's] [Bergen County Record]

Earlier: Map quiz: surrounded

Comments

Don't listen to those experts, Albany. They have no idea what they're talking about. You go right ahead & build all your pretty little casinos.

Is that sarcasm I sense, Ethan? Of course we need casinos to solve our problems. And an aquarium. And a monorail. Monorail! Monorail! Monorail!

Casinos have already run out of gas. A bad economic calculus. Been to Vegas twice and Atlantic City once. Had a great time but all trips related to conferences.

Say Something!

We'd really like you to take part in the conversation here at All Over Albany. But we do have a few rules here. Don't worry, they're easy. The first: be kind. The second: treat everyone else with the same respect you'd like to see in return. Cool? Great, post away. Comments are moderated so it might take a little while for your comment to show up. Thanks for being patient.

The Scoop

Ever wish you had a smart, savvy friend with the inside line on what's happening around the Capital Region? You know, the kind of stuff that makes your life just a little bit better? Yeah, we do, too. That's why we created All Over Albany. Find out more.

Recently on All Over Albany

Today's moment of winter

Always intrigued by these sorts of patterns in the pond ice. Does anyone know what causes them?... (more)

Creative Everyday

Check out these charming comic stories about real people and their creative work by Troy-based artist/writer/educator Ira Marcks. Each tiny story in Creative Everyday covers... (more)

Baby we were born to be viral content

(function(d, s, id) { var js, fjs = d.getElementsByTagName(s)[0]; if (d.getElementById(id)) return; js = d.createElement(s); js.id = id; js.src = "//connect.facebook.net/en_US/sdk.js#xfbml=1&version=v2.3"; fjs.parentNode.insertBefore(js, fjs);}(document, 'script', 'facebook-jssdk'));Gotta'... (more)

Augusten Burroughs at Skidmore

Author Augusten Burroughs will be at Skidmore April 13 for a talk about his new memoir Lust & Wonder. Northshire Bookstore is hosting the event.... (more)

Checking out the pizza at Restaurant Navona

More pizza touring, this time at the recently opened Restaurant Navona. It's the place that took over the Midtown Tea and Tap Room space on... (more)

Recent Comments

I'd have to say a night time stroll around the Empire State Plaza. We don't have any romantic vistas like the movies' with a drive up lot over a shimmering city below, but we do have a fantastic place to stop and look out over downtown and there's this great feeling that the plaza is a well kept secret for lovers out for a walk at night.

Checking out the pizza at Restaurant Navona

...has 1 comment, most recently from Powerume

Today's moment of winter

...has 2 comments, most recently from Jackie

Drawing: The Lovely Feast at Takk House

...has 39 comments, most recently from Ashley

Baby we were born to be viral content

...has 2 comments, most recently from kristi

Recommendations for cleaning services?

...has 3 comments, most recently from Sarah