There will be a major market adjustment in most casino areas. They killed the goose. I just saw a chart of slot machine hold percentages from all major US markets. Since 2000 almost all have doubled or close to it. Markets that held 5.25% across the board are now over 10%. YOU CANNOT WIN. And I don't care what all the so called experts and authors tell you. Table game rules are terrible almost everywhere especially if you are a $5-$10 player. The gamblers who ran the casinos are gone, replaced by bean counters and MBA marketing geniuses. Asian markets saved the big three(Wynn, Sands, MGM). There is no way Harrah's can service their debt. Second tier operators(Isle, Penn, Boyd) will continue to lose market share and the Indians saw no growth for the first time last year. It will get worse before it gets better.
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