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

A quick recap of the week

Here are a few highlights from the past summer week on AOA: + Video and a collection of tweets and pics from the Wellington annex... (more)

Stuff to do this weekend

Yes, we have a few more weeks of official summer, but unofficially, folks, this is it. Pretty soon the swimming pools and ice cream stands... (more)

Mr. Harris

Over at the Times Union there's a really nice profile of longtime Washington Tavern bartender Mark Harris -- Mr. Harris -- by Steve Barnes. Harris... (more)

Voices for a mighty argument

We were browsing through the local photos today on the Yale Photogrammar site -- an easy-to-use interface for 170,000 photographs from 1935 to 1945 created... (more)

Drawing: Joshua Bell with the ASO + Yono's

Drawing's closed! The Albany Symphony Orchestra opens its new season September 6 at the Palace with a concert featuring superstar violinist Joshua Bell. We have... (more)

Recent Comments

Designers are doing "safe" designs because they really have no other choice considering all the whiners, budget and construction concerns.

Drawing: Joshua Bell with the ASO + Yono's

...has 87 comments, most recently from Jeniece

What's a recent building that you like?

...has 36 comments, most recently from Greg

Recommendations for hardwood floor refinishing?

...has 6 comments, most recently from Andrea Daley

The Gallery on Holland

...has 9 comments, most recently from daleyplanit

Voices for a mighty argument

...has 1 comment, most recently from Ellen