More casinos may not have expected financial results, study finds
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If all you wanted for Christmas as a gambling operator was to add more one-armed bandits to your casino floor, or to expand the menu to include more horse racing, then 2012 was your year.
Casino operators such as the Seminole Tribe of Florida spent $150 million to expand in Coconut Creek and horse racing returned to Hialeah Race Track. Gulfstream Park in Hallandale Beach wants to hold horse racing year round and the majority of voters in Palm Beach County said they support slot machines at pari-mutuels.
Additionally,…