Search Site
Open letter to Illinois Gov. JB Pritzker and Chicago Mayor Lori Lightfoot
- Details
- Hits: 987
My proposal is for Illinois and Chicago to take the exact opposite approach. Instead of proposing what would amount to a slot barn with little to no likelihood of success, dream big. Go for a world-class integrated resort reflecting Chicago’s status as a world-class city.
NORTON NOTES: AC, Not A Typical Casino State
- Details
- Hits: 876
By Steve Norton
CEO, Norton Management
Golden Nugget Poised to Make Internet Gaming History
My Comment:
Today's article indicates the growth of online gaming and online sports betting in Atlantic City far exceeds other states, even Nevada, and there is a good reason for it. New Jersey has only one area offering slot machines and table games, Atlantic City, which is less convenient to over 90% of NJ's population, than live gaming in Pennsylvania, New York and Delaware.
Online gaming has been beneficial to New Jersey, for several reasons. First, it allows the state to compete with illegal overseas gaming sites that pay no taxes, employee no US citizens, have little or no oversight, and may offer inferior odds. Second, it provides new tax revenues and some jobs for the operators for the online games.
NORTON NOTES: AC Air Service
- Details
- Hits: 1001
By Steve Norton
CEO, Norton Management
Delta’s Weekly Reno-Atlanta Flights to Become Daily in 2020
My comment:
Reno is about 2,400 miles from Atlanta, over 6 hours by plane and 3 time zones away. Atlanta to Atlantic City is around 800 miles, one third the distance, or less than 2 hours flight time. And, as a casino destination, Reno is much smaller than AC.
So why is it that AC has never been able to attract a major carrier from a major city like Atlanta – home of America's busiest airport, with over 90 flights a day – that go between Atlanta and Las Vegas, 6 or 7 nonstop?
NORTON NOTES: Warning Labels
- Details
- Hits: 980
By Steve Norton
CEO, Norton Management
Florida has a Gambling Problem and DeSantis Should Admit It
My comment:
When we passed the Casino Control Act (1977), in New Jersey, all casino advertising had to include the words "Bet With Your Head Not Over It”, suggested by Dick Codey (later Governor), whose Legislative Committee drafted the bill. As the casino operator, working with the Legislature, I was able to include a ban on marketing or advertising "highest payback percentage" or "loosest slots", or any reference to "best odds".
Like many other states, Florida’s lottery was presented to the voters as a way to help education, but many, including Florida, just replaced educational funds in the budget, with revenue from the lottery. And most states will admit, that the highest lottery spending (per capita), and the greatest concentration of ticket sales outlets are found in the lower income neighborhoods. And a few years ago, the Illinois Lottery had billboards in Chicago neighborhoods, that highlighted "Your Ticket Out". Out of the slums, substandard housing or inferior schools???