Risky Business<\/strong><\/h2>\nBut Jake Haulk and Frank Gamrat, president and senior research associate, respectively, at the Allegheny Institute for Public Policy have suggested the equation might not be so simple and have called the expansion \u201crisky.\u201d<\/p>\n
Because Pennsylvania\u2019s neighbors — Delaware, Maryland, New Jersey, Ohio and West Virginia — all have gambling, there are fewer visitors to its casinos from across the state line. That means the vast majority of casino visitors need to come from within the state, which raises a simple question of supply and demand in a market that is about to become more crowded.<\/p>\n
“Clearly, the question of ‘saturation’ needs to be answered,” Haulk and Gamrat told Penn Live<\/em> last year. “Can Pennsylvania’s population and economy support in a profitable manner 22 casinos, gaming in airports, truck-stops, and on the Internet?”<\/p>\n","protected":false},"excerpt":{"rendered":"Pennsylvania casinos either enjoyed their best year of all time in 2018 or their worst since 2010, depending on how much of a stickler you are for economics. Last week, the Pennsylvania Gaming Control Board reported that combined gross gaming revenues generated by all the state\u2019s casinos was a record $3.24 billion, topping the $3.22 […]<\/p>\n","protected":false},"author":36,"featured_media":96854,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[62,10,18],"tags":[],"acf":[],"yoast_head":"\n
Pennsylvania Casino Market Not So Hot When Adjusted for Inflation<\/title>\n\n\n\n\n\n\n\n\n\n\n\n\t\n\t\n\t\n\n\n\n\n\n\t\n\t\n\t\n