Two cansinos in Atlantic City have just closed. They said that competition from nearby states has finished what Sandy started. A decade ago I was in a hotel near Miami. The owner had sold the motel, but the new owner spent every cent that came in at the nearby Indian owned casino. He failed to meet his mortgage, and the old owner had to reposses the property. He was so mad, he just wanted to retire. I am sure that there are many families suffering because of the compulsive gamblers in their family, just like they suffer from alcoholics.
I have been following some of what is reported about Atlantic City. The situation in Massachusetts is a bit different because of the potential relationship in the eastern part of the state with the horse racing track which currently holds a summertime meet (schedule) and a possible closure should the casino bill be repealed or the gaming commission deciding to award a license to a competing bid.
Tracks in various places including Cincinnati and Philadelphia have had recent affiliations from casinos or “racinos.”