The buzz phrase in 2011 was “the new normal,” and as we gear up for 2013, we are still hearing that phrase quite a bit. Now though, while some say we are in a new normal, others argue that attitude extends from complacency and that times are still very much changing. However you look at it, the gaming industry has a lot going on. From talk of our still-recovering economy, to the fiscal cliff, to new developments and emerging markets, advances in technology, and of course the big topic of Internet gaming, everyone is abuzz with their thoughts on where we’ve been and we are headed.
The U.S. election results influenced many opinions and opened new markets. Among them, Maryland voters approved gaming expansion, two Rhode Island slot parlors got approval to install table games and a measure to bring slot machines to pari-mutuels Florida passed. Native American casinos in Oregon scored a win as enough people voted against allowing commercial casinos in state for the measure to fail. The same can be said for tribal casinos in Washington. With Jay Inslee (D), an avid supporting of tribal gaming, succeeding former Gov. Christine Gregoire, Native American casino operators are confidant their sector will develop even more. The election of Maggie Hassan as governor of New Hampshire paves the way for the creation of a commercial industry in the state. And in Illinois, gaming may actually have a chance as the democratic majority (many of whom are in support of expansion) has increased to veto-proof numbers.
To read the full forecast, click here.