Casinos not recession proof after all?

It is looking like many Casinos who market experts considered recession proof are beginning to crack at the seams slowly with this economic downturn. It appears to be effecting smaller market casinos and gaming markets more heavily than Vegas and Atlantic City. We are seeing downturns in markets like Michigan, Ohio, and California.

While California is not resistant to the recession in many areas, some thought the casinos would be a driving force and not slow down because people would head to the indian gaming casinos versus driving to Vegas to gamble. However that just hasnt been the case as Casinos in California showed a 4% drop in revenues and a 7% in customer acquistion in comparison to this month last year.

Hopefully things will start looking up in these markets and soon as many of these gaming tribes are largely supported by gaming.

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