Slots Q&A 70
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Jack asks, “When a commercial casino opens, does it take business away from tribal casinos? If Texas opens casinos, will Oklahoma casinos lose business?”
When any casino opens, it takes business away from other nearby casinos. That’s why casino operators work so hard to prevent casinos from opening anywhere near them, including the next state over. It hasn’t been too tough lately, as the gaming industry isn’t saturated anywhere except Iowa where at least one casino is within an hour’s drive of residents.
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And studies have found Iowans can’t afford to spend any more than they do. But everywhere else, there’s still money to go around. But other states are getting closer to market penetration and saturation. New casinos will become a bigger competition problem for existing casinos in