Thursday, August 09, 2007

Casino comments

The news that the new arena will not open until 2010 has probably alleviated a lot of the construction logjam I thought would happen soon if both the casino and arena construction tried to ramp up at the same time. I doubt we will ever know, but I wonder if the construction resources in the region played into that decision at all.

Illinois is now thinking about legalizing gaming in order to raise money. Kansas is planning new casinos as well, but with a twist. They may hire private management companies, but their slots will be owned by the state lottery. I wonder why nobody thought of that here? I could just see the ads with Gus now.

News is that steel is already arriving on the site for our casino. Others tell me that the construction really might be able to go as fast as Don Barden wants it to. So if they get started here in the next couple of months, is 2008 possible at the margin? On the other end of the state the story is a little different. News is that the casino going up in Bethlehem, PA is being delayed a year because, of all things, they discovered a foundation under brownfield site where this is all going to be built. I am not quite sure what they thought the steel plant was resting on.

and from the PG's Casino Journal I was lead to this KDKA story Separating Slot Fact from Fiction, that said it was debunking some casino myths. The first myth it 'busted' was that Casinos can loosen or tighten a machine with the flip of the switch? KDKA's answer via Michael Jankoviak, the Director of Slot Operations at the Meadows: “That's an absolute myth.” I wonder if someone should read this New York Times article from last year: From the Back Office, a Casino Can Change the Slot Machine in Seconds. So if they can't do that now, just how long in the future will it be before they can. It is just a coincidence that in the latest issue of the Journal of Gaming Issues is this article: Slot machine structural characteristics: Distorted player views of payback percentages. Think you know how those slots payouts work? Read that article and see if you were right.


Anonymous Anonymous said...

Barden will never get that place up and running. The Rooney's won't let him! If anyone has a switch in his office it would be him

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