You clearly didn't READ as I was talking about the SUPPLY side of the equation and NOT expenses. The key reason Las Vegas, NV casinos are having problems is the tourism is simply not there. Fewer people are traveling which results in less money coming into the casinos. Hence casinos like the Sahara are closing their doors after 50 years of operation.
As a person who works in the Las Cruces hotel industry I tell you tourism is way down here as well. It is so bad that the hotel that was planned for the convention center wasn't built even after it was down graded from 180 room full service to about 120 room semi-service. The number of projected tourists simply wasn't there to support another hotel and given the state of the economy it is doubtful there are enough to support a casino.
This casino project made some degree of sense when the economy was good but in this uncertain economy this has all the signs of turning into a Peter-Paul Casino and that is the LAST thing this area needs.
Ahem...how much tourism has Anthony, NM received in the past versus Las Vegas, NV? It cannot be compared... How much tourism is Anthony, NM currently getting? I'll bet (no pun intended) that there would be an increase after the casino is built, hence raising the economy in that city.
The Las Cruces Convention center hotel issue is very different than a casino hotel...guaranteed, if the Las Cruces convention center was a casino, a 180 room hotel would have been completed on time with no barriers, and we Las Crucens would benefit economically.
I read your statements just fine, however I feel that your logic is flawed, and I'll respectfully agree to disagree. Build the casino.