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

Business workshop at Forage+Sundry

Forage+Sundry in Troy is hosting a business workshop for "makers, creatives, artists, and entrepreneurs" on May 21. It will be led by Tess Palma-Martinez of... (more)

"They almost operate like a hedge fund that conducts classes"

Farther afield, but maybe interesting because this issue pops up here, too: A group residents in Princeton (the municipality) are suing to challenge the tax-exempt... (more)

"Murder, Morals and Music" at Madison Theater

A new film series -- "Murders, Morals, and Music" -- starts at the Madison Theater next Thursday, May 12. Blurbage: The Pine Hills Film Colony,... (more)

Hugh Farley is not running for re-election

Some things around this area seem like permanent features: The Hudson River, the Helderberg Escarpment, Hugh Farley representing the Schenectady area in the state Senate.... (more)

Morning Blend

Investigation of April 17 fatal shooting by Troy police State attorney general Eric Schneiderman spoke publicly about the case Monday: "The people in Troy, the... (more)

Recent Comments

I know why I take the bus more - because it's easier to take now! Busplus from Schenec to Albany gives me a nice relaxing ride and I can do work or read my book, I basically gain an extra hour of my life. Can't wait for the navigator cards to ramp up. Much better than those ten trips.

Spring plant sales 2016

...has 4 comments, most recently from Greg

Hugh Farley is not running for re-election

...has 1 comment, most recently from Rob

New York's (now lost) native parrot

...has 3 comments, most recently from Kashmir Csaky

An attempt to hail Uber for the Albany area

...has 52 comments, most recently from Michael

Chris Gibson is not running for governor

...has 1 comment, most recently from Harold