October 25, 2019 by admin
Two Split Studies To come back Revenue Cannibalization Fears Adjacent Cedar Rapids Casino Suggestions
The possible opening of any casino in the city of Plank Rapids, Iowa could effect the state’s casino sector quite is going to as the new venue would certainly cannibalize revenue from active gaming attributes , according to two not too long ago published studies.
The New jersey Racing real money online casino australia plus Gaming Fee is currently contemplating three plans for a on line casino in the city and is seeing and hearing opinions from supporters as well as opponents of the possibility for any addition associated with a new playing online casino real money no deposit bonus venue for the state’s market.
Back in 2014, best online casino app real money the bingo regulator discarded a pitch for a Forest Rapids on line casino submitted by developer Cedar Rapids Advancement Group largely due to cannibalization concerns. Bigger cannibalization numbers may yet again upset the applecart for any casino improvement push.
The two information were collected absolutely individually from one one other and while equally showed that will cannibalization scenario occur any time a Cedar Rapids casino is certainly constructed, they differed in the scale of that cannibalization .
Here it is important to note which three plans have been placed to the Iowa Racing in addition to Gaming Percentage Wild Flower Cedar Rapids, Cedar Adding Central, together with Cedar Adding on the Body of water.
As for the reports, they were consisted by Minneapolis-based Marquette Advisors and by Atlantic City-based WhiteSand Gaming. Continue reading →