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MGM's Sudden Withdrawal From NYC Casino Race: Saturation Fears Gripping Gaming Developers
Seeking Alphaยท 2025-10-23 18:52
Group 1 - The article discusses the long-standing criticism faced by New York legislators for not legalizing casinos in a metropolitan area with 18 million residents since the legalization of gambling in Atlantic City in 1976 [1] - In 2022, New York lawmakers finally responded to this criticism by taking steps towards legalizing casinos [1] - Howard Jay Klein, with 30 years of experience in major casino operations, emphasizes the importance of management quality in informing investment ideas within the casino and gaming sector [1] Group 2 - The article promotes a subscription service called The House Edge, which provides in-depth research on the casino and gaming sector [1] - It mentions a book in progress titled "The Smartest ever Guide to Gaming Stocks," which is available for free to existing members and new subscribers [1] - Howard Jay Klein leads an investing group that shares actionable research for investing in the casino, online betting, and entertainment industries [1]