By Dan Kennedy • The press, politics, technology, culture and other passions

Why casinos won’t pay off

Boston Globe Magazine columnist Tom Keane offers a basic math lesson: “Does anyone seriously believe that Foxwoods and Mohegan Sun will sit idly by while a vast chunk of their business disappears? As the Massachusetts Taxpayers Foundation pointed out recently, like any good competitor, they’ll fight back. They’ll drop room rates, improve entertainment, and spruce up the buffet tables. Most important, they — and the states they’re in — will be compelled to offer gamblers better odds.”

My standard disclosure.


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3 Comments

  1. Sean Roche

    Yippee, a good old-fashioned race to the bottom!You didn’t finish the chain-o-consequence: the Mass Lottery will have to increase its odds to compete.Then, again, didn’t the governor say something about the new casinos not competing with the lottery?

  2. Anonymous

    The horror, oh the horror! Imagine a day when people will actually have a chance to win, the cruelty of it all. Imagine a day when cities and towns will actually have to pay for their bloated pensions and healthcare. Imagine the day when massachusetts actually becomes a fun place to live. The horror of it all! For me, the public library and duck boats suffice, why would anyone want to change all that great fun?

  3. Anonymous

    Anon 8:40 AM – Not very damned much of a chance to win. More like, a chance to lose and lose, then lose some more, because we don’t have the guts to tax ourselves honestly.Casinos aren’t fun. They’re a living hell, a trap for addicts.

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