On the other side of the table, industry executives and some analysts say the Northeast's dense population makes it fertile ground for more casinos, with little risk of saturation.
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The average gambler spends $108 at a casino visit — an amount roughly unchanged over 30 years, an American Gaming Association survey found. States tax gambling revenue at rates ranging from 6.75 percent in Nevada to 55 percent in Pennsylvania. Relying too much on casinos can be risky. In 2006, New Jersey's 11 casinos forked over more than a half-billion dollars in state taxes. Last year, that dropped to $312 million and the state expects a further drop this year to about $275 million.

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