Two Divide Studies Rear Revenue Cannibalization Fears Surrounding Cedar Rapids Casino online casino no deposit real money Recommendations
The particular opening to a casino from the city of Cedar plank Rapids, Austin, texas could impression the state’s casino sector quite in a wrong way as the fresh venue would probably cannibalize profit from active gaming components , as per two not long ago published information.
The Grand rapids Racing along with Gaming Commission is currently contemplating three recommendations for a gambling establishment in the town and is listening to opinions from supporters and even opponents of your possibility with the addition of any new betting venue for the state’s marketplace.
Back in 2014, the poker regulator turned down a business proposal for a Forest Rapids gambling house submitted through developer Planks Rapids Development Group mostly real play casino online due to cannibalization concerns. Better cannibalization characters may yet again upset often the online casino app win real money real-money-casino.club applecart for your casino business expansion push.
What the Reports Tell you
The two studies were put together absolutely separately from one another and while each showed that cannibalization could possibly occur in case a Cedar Rapids casino is constructed, that they differed inside scale of the cannibalization .
Here it is really important to note that will three proposals have play with real money online casino been developed to the Grand rapids Racing plus Gaming Commission Wild Rose Cedar Rapids, Cedar Adding Central, plus Cedar Bridging on the Sea.
As for the tests, they were consisted by Minneapolis-based Marquette Analysts and by Ocean City-based WhiteSand Gaming. (suite…)