Scale will matter for success of New York casinos
By DAVID KLEPPER, The Associated Press
Racino revenue is down. Casinos are closing in Atlantic City, while new ones are opening in Maryland and Massachusetts. Yet New York is just now getting into the game, with more than a dozen groups lining up to open upstate casinos.
The state's late arrival at the betting table is forcing developers to think smaller. Rather than behemoths like Foxwoods and Mohegan Sun in Connecticut or the gambling palaces in Las Vegas or Atlantic City, the contenders for the four available licenses are pushing more modest facilities designed to appeal to a local customer base within a few hours' drive.
They liken it to a Goldilocks zone: The facility must be grand enough to lure customers, with the glitz of amenities and the feel of a resort but not something so big and expensive that it doesn't break even in a competitive market.
http://www.legislativegazette.com/Articles-Top-Stories-c-2014-09-02-89050.113122-Scale-will-matter-for-success-of-New-York-casinos.html
