State's Casinos Aren't Recession-Proof After All

Full story: Hartford Courant

In the early 1990s, as defense and insurance industry job cuts imperiled the state's economy, a twinkling Las Vegas-style business opened in the little town of Ledyard on land owned by the Mashantucket Pequot ...
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61 - 68 of 68 Comments Last updated Dec 7, 2008
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Orochimaru

Newington, CT

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#67
Oct 6, 2008
 

Judged:

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My father is probably laughing at this from The Summerlands. Well, this is a fine mess they've got themselves into. Maybe if they weren't so greedy and let people win once in a while, then they wouldn't have so much trouble.
the past

New Britain, CT

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#68
Oct 9, 2008
 
I wrote before expressing my concerns about the way people are treated and employees not speaking English. But, you know, it has been like that everywhere. Most restaurants have gone down hill a lot. I was served a meal in a nicer Chinese restaurant in W.H. that was not even comparable to take out. Obviously I will not go back, because this was their second chance.Most places do not try very hard. Sorry Foxwoods. I did not mean to single you out.
ricbee

Cromwell, CT

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#69
Oct 16, 2008
 
Tom Collins wrote:
What really caught my eye in the story was:
"Mohengan Sun slot revenues grew until last year, when they fell by 3.4 percent - although a portion of the casino's gains were powered by a higher win percentage programmed into some machines."
I interpret that difficult-to-understand sentence to mean that MS adjusted their slots so the casino take increased.
I thought the state regulated the percentage of the casinos' take within limits. If not true, what's to stop the casinos' take from becomming 100%?
I too thought it was a fixed amount. Does anyone know the takeout rate?
jones

AOL

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#70
Oct 16, 2008
 
ricbee wrote:
<quoted text> I too thought it was a fixed amount. Does anyone know the takeout rate?
How old are you ? if you've been around long enough you'd know any form of gambling is designed to take your money. It's like selling crack, the first bag is free and after that your life is in danger .

Why would you waste hard earned money in a casino where you know you will lose. If it's an addiction there's help for you.
jones

AOL

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#71
Oct 16, 2008
 
Ask your self this? Do you think the Mayor, John Callahan cares about any one losing money ? he knows people must lose to get any money out of Sheldon and Miriam . He got caught in this failing operation and is just a puppet on Adelson's string.
ricbee

Putnam, CT

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#72
Oct 17, 2008
 
jones wrote:
<quoted text>
How old are you ? if you've been around long enough you'd know any form of gambling is designed to take your money. It's like selling crack, the first bag is free and after that your life is in danger .
Why would you waste hard earned money in a casino where you know you will lose. If it's an addiction there's help for you.
I go there with friends to eat the buffet & see a show 2 or 3 times a year. I'll throw a little of my hard money away as I see fit. But I won't buy a scratch ticket or a lottery ticket,because there is almost no chance of winning anything.
who is REALLY indian

United States

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#73
Dec 3, 2008
 
"the Pequots battled to keep their land, while at the same time losing reservation members to outside forces. By 1774, a Colonial census indicated that there were 151 tribal members in residence at Mashantucket. By the early 1800s, there were between 30 and 40 as members moved away from the reservation seeking work. " WAIT - they had to move away seeking work!!!!! Too bad that now, the Pequots will not recognize them as tribal members!!! Maybe DNA should decide that - not a bunch of tribal members who ARE NOT REALLY PEQUOTS - or Indian AT ALL! Yet they filed suit in 1976 for land sold in 1856! The government should have told them TOO BAD!!!
Roger Parmenter

Gloucester, MA

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#74
Dec 7, 2008
 
Phineas Phreek wrote:
That's correct. The casinos destroy lives, towns, and landscapes as they vacuum in cash by the billions. The state should up its share NOW as compensation for the toll that these monsters have wrought on New England.
Let alone the fact that such unsavory pastimes are evidence of the vast mindlessness of the masses. Scary.
You are really bitter. I would guess you lost money at a casino at one time or another. If not for the Ct. Casi nos YOU and every other Ct. taxpayer would be paying MORE taxes or receiving less services. Do not underestimate how much YOU are being helped by Casino money. There are thouseands of Ct, families who work and depend on these casinos for the families livelyhood. Think twice before you post such bitterness and only because YOU do not like casinos. Regards..

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