Two Separate Studies Backside Revenue Cannibalization Fears Encircling Cedar Rapids Casino Suggestions
The opening of the casino while in the city of Cedar plank Rapids, Iowa could influence the state casino market place quite free online casino that win real money in a wrong way as the brand-new venue could cannibalize earnings from recent gaming buildings , as per two just lately published allegations.
The Iowa Racing together with Gaming Percentage is currently looking at three proposals for a gambling establishment in the city and is enjoying opinions via supporters and even opponents belonging to the possibility in the addition of any new wagering venue to your state’s markets.
Back in 2014, the wagering regulator real money online casino ipad invalidated a business proposal for a Forest Rapids on line casino submitted through developer Plank Rapids Progression Group predominantly due to cannibalization concerns. Bigger cannibalization numbers may one more time upset the particular applecart to the casino extension push.
What Reports Mention
The two reports were released absolutely on their own free real casino slots online from one a further and while the two showed that will cannibalization could occur if your Cedar Rapids casino is usually constructed, many people differed inside scale of that cannibalization .
Here it is vital to note that will three proposals have been placed to the Austin, texas Racing and also Gaming Commission rate Wild Rose Cedar Rapids, Cedar Traversing Central, along with Cedar Crossing on the Sea.
As for the scientific tests, they were made of by Minneapolis-based Marquette Consultants and by Atlantic City-based WhiteSand Gaming. (mehr …)