New Hampshire wants to build a casino. Correction, the Governor of New Hampshire and her supporters want to build a casino. But opponents far outnumber supporters in the state.
The state house just voted 173-144 against a bill that would license one casino in the state with up to 5,000 slot machines and 150 table games.
This story is intriguing on two fronts:
1) Neighboring state Massachusetts is undergoing a huge casino expansion in the state, which will probably attract a lot of people from New Hampshire.
2) One state representative blamed slots as the reason for being anti-casino, not table games.
“What is it us anti-casino types have against casinos? It is the slot machines,” said Stratham Democrat Patricia Lovejoy.
Apparently, table games are ok but slot machines are not. At least that’s my takeaway from this argument. And I don’t like it. It just doesn’t make sense.
Step into any land-based casino and you’ll see where the big money lies. It’s on the Craps tables. The Blackjack tables. The Roulette tables. The Baccarat tables. See where I’m going with this? The tables.
These people are stacking $1,000, $2,000, or $5,000 in chips on the table, hoping to make a killing – or possibly lose it all.
At Slots of Vegas, we have the luxury of setting betting limits for players. And it’s difficult to make a large deposit on your credit card in one shot (we’ve got daily deposit limits in place to keep players safe).
But live? There’s nothing to stop someone from sitting down at a table and blowing their entire paycheck. Sure, it happens at the slots too, but our research shows that slot machine players tend to gamble a lot less so they can play longer. Most people don’t sit down at a slot machine thinking they’re going to turn $100 into a million. Yes, it would be nice to hit the jackpot, but slot machine players know everything is completely random.
Table game players, however, believe they have some control over the game, especially in games like Blackjack where it’s possible to count cards (though that doesn’t guarantee a victory every time). Those who play the tables are more focused on strategy and developing a way to beat the house. And they usually make larger bets to make bigger gains.
The state legislators have a right to oppose a casino in their state. They don’t believe that casinos fit the state image, and that’s a fair argument. But they shouldn’t blame one game over another.
While Governor Maggie Hassan didn’t get the votes she needed to land a casino, she’s determined to see one constructed in her state sometime soon.
“Despite today’s vote, I continue to believe that developing our own plan for one high-end casino is the best course of action for investing in the priorities that are critical to long-term economic growth,” noted Hassan in a prepared statement. “Soon, we all will see the impact of Massachusetts casinos right across our border in the form of lost revenue and potential social costs.”
It should be an interesting fight and we’ll certainly be watching.