While the Las Vegas Strip is finally building a comeback, other regional gambling areas continue to struggle. (Image: Mandarinoriental.com)
Las Vegas is formally on the up, but that didn’t stop Moody’s Investors Service from downgrading its view of this US casino video gaming market from “stable” to “negative” recently. Yes, while the Las Vegas Strip is about to have its 5th gaming that is annual gain since the economic downturn of 2008, regional markets elsewhere in America are failing to bounce back from the recession.
Currently 28 states host casinos, with a few, such as New Hampshire and Kentucky, considering legalization, as well as others, notably New York and Massachusetts, going through some kind of casino legalization or expansion process at present. And yet, based on analysts, it appears that outside of Las vegas, nevada, Americans just aren’t gambling enough.
“The fact gaming that is regional excluding Nevada remained flat, despite further improvement in the economy and extra local casinos throughout the US, is really a strong indication that US consumers will continue to limit their investing to products more crucial than video gaming, even because the United States economy continues to enhance,” Moody’s explained in a report posted early in the day this thirty days.
Much has been made associated with stagna Continue reading “Las Las Vegas Bounces Right Back, But US Markets Flounder Elsewhere”