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Thu May 17, 2012, 01:06 PM

Developer: Can't have casinos everywhere [View all]

Casinos are not like Starbucks stores: you really can't have one on every corner.

That's the word from David Cordish, whose company is opening a huge new casino next month in Maryland.

Yet Cordish warns that the expansion of casino gambling can't go on unchecked forever. A big problem is the attitude of politicians across the country who view casinos as free money.

"I don't know how we can control the politicians; they certainly don't understand the word `oversaturation,"' Cordish said. "They think you can have casinos like Starbucks."

If that attitude continues, Cordish said, "it's going to implode on them."

The expansion of casino gambling has continued rapidly over the last several years, nowhere more fiercely than in the Northeast. There is serious disagreement within the industry as to whether the market is oversaturated or whether there is room for further growth. But most agree it is tougher to do business in the Northeast casino market than it ever has been before.



http://www.msnbc.msn.com/id/47461966/ns/local_news-cleveland_oh/


This guy doesn't want too many casinos because he want everyone to come to his casino.
I am building one, but you can't.



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Reply Developer: Can't have casinos everywhere [View all]
liberal N proud May 2012 OP
yellerpup May 2012 #1
Yavin4 May 2012 #2
yellerpup May 2012 #11
tabbycat31 May 2012 #6
yellerpup May 2012 #10
gratuitous May 2012 #3
liberal N proud May 2012 #4
DontTreadOnMe May 2012 #5
Blue_Tires May 2012 #7
closeupready May 2012 #8
Tracer May 2012 #9