This week, MGM broke ground on its casino in Springfield. When it opens in late 2017, the western Massachusetts resort may find itself in the middle of a region stacked with casinos. New York has already approved new casinos and New Hampshire lawmakers are once again talking about getting in the game. Last week a Connecticut legislative committee advanced a bill to allow three new mini-casinos. This comes as revenue has declined at Mohegan Sun and Foxwoods. So, is the casino market in the northeast too crowded?
“It’s starting to become over-saturated,” says Father Richard McGowan, an economics professor at Boston College who’s studied gambling.
To hear my conversation with Father Richard McGowan, click on the audio player above.