Making the News

St. Louis Post-Dispatch

Originally Published:Sunday, January 27, 2013

Casinos shake up local market as they adapt to slower growth

By Tim Bryant
St. Louis Post-Dispatch

“The St. Louis market is far from unique,” said Joe Weinert, an analyst with Spectrum Gaming Corp., in Linwood, N.J. “Markets east to west, north to south have to cope with additional competitors and the reluctance of customers to spend their discretionary income.” As a result, casino operators “have to reset their expectations” to cope with slow revenue growth, at least in the short term, he said.
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