New Casino Makes Other States Worry

As the majority of the states currently allow some form of gambling, they industry is really starting to see expansion—and as a result, the states are also looking at more competition. Just in the last year Pennsylvania, Florida, and other states have entered into the gambling playing field by operating slot machines and casinos. But other states are more established, and as they see the newcomers eat away at some of their slot machines revenue, they are upping the stakes.

Currently in New York State, and new casino could mean a marked decrease in profits for Pennsylvania. The state just approved the slot machines and casino in Monticello, New York, but it isn’t the slot machines that have both Pennsylvania and West Virginia worried—they fear that since this new casino will offer table gaming in addition to the slot machines they could lose out on potential business from the surrounding areas.

West Virginia is already in the process of remedying the situation as they are predicted to allow table gaming at the state’s slot machines casinos within the year. But Pennsylvania is a newcomer, and they have no intentions of legalizing table gaming any time soon which most likely means they will be losing some of their potential players.

The Monticello Raceway is the new site for the slot machines and casino. The site was approved for the following: an additional 2,000 slot machines (3,500 slot machines in all), 125 table games, 24 poker tables, 12 restaurants, retail space and a large entertainment venue.

The following are the potentially affected slot machines casinos and resorts nearby Monticello: Pocono Downs (on the periphery though, and not anticipating much fall-out), Mount Airy (could see a decrease in players but confident that it’s premiere resort will keep many of the patrons), and the Mohawk Tribe (their slot machines and casino is not yet up and running so they have no definite predictions).

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