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City and state will pay high price for casino

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City and state will pay high price for casino Moody’s downgraded its outlook on the entire U.S. gaming industry (outside Nevada), moving it from “stable” to “negative” due to recent declines in monthly gaming revenues. The commercial casino industry realized $37.83 billion in revenues in 2013, only a modest increase (1.3 percent) over 2012. The lion’s share of this disappointing increase came largely from gaming’s expansion into new markets — gaming needs new casinos for ...


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comments

robbump
July 16, 2014
3:06 p.m.

[ Flag Post ]

I just looked at crime statistics for another "one-casino town": Uncasville CT

It looks like for all the fears of a casino in this town that Uncasville is a LOT safer than Schenectady .... maybe adding a casino might make us safer.

On prostitution ... we talk about being competitive. What could be more competitive than making NYS the only OTHER state than NV to have legalized prostitution? With the controls over the workers' health and all, the chances of crime and the deseases of doing business with the streetwalkers should be reduced while with more visitors attracted by legalized prostitution combined with the sales tax revenue could help to clean up our town.

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