Slots not what your commonwealth can do for you
Some time series you kind of expect to have occassional ticks up even if the trend is down. Not the story of late down on the North Shore. Latest data from the casino shows that use of the slots machines had another big drop in the week ended Sept 19. See below.
New Philly casino impacting us? Realize that someday there will be a Lawrence County or nearby casino much closer. Then the Ohio casinos will all open with a big splash. You have to wonder where this is all heading. They could save a lot of money if they could refinance their debt. But even if they had that option, I am not sure what interest rates the market will give you when you are already in a state of selective default, according to the ratings agencies.
Table games might be making up some or all of the decreased slots play... nonetheless slots revenues are well below that June rating drop and cash infusion they needed down there. Is more cash on the way?
BTW... What is up with the property assessment appeal down there at the casino?