While the vegas Strip is finally creating a comeback, other regional gambling areas continue to struggle. (Image: Mandarinoriental.com)
Las Vegas is formally on the up, but that didn’t stop Moody’s Investors Service from downgrading its view regarding the US casino gaming market from “stable” to “negative” recently. Yes, whilst the Las Vegas Strip is mostly about to have its fifth yearly gaming revenue gain since the economic downturn of 2008, regional markets elsewhere in America are failing to aussie-pokies.club bounce straight back from the recession.
Presently 28 states host casinos, with several, such as New Hampshire and Kentucky, considering legalization, and others, notably New York and Massachusetts, going right on through some form of casino legalization or expansion process at present. And yet, based on analysts, it appears that outside of Las Vegas, Americans just aren’t gambling enough.
“The fact gaming that is regional excluding Nevada remained flat, despite further improvement throughout the economy and additional regional casinos throughout the US, is just a strong indication that US consumers will carry on to limit their spending to items more crucial than video gaming, even whilst the US economy continues to enhance,” Moody’s explained in a report published earlier in the day this month.
Much has been made regarding the sta Continue reading Las Vegas Bounces Straight Back, But US Areas Flounder Elsewhere