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« New Home Market Getting Closer to Normal | Main | New GDP Data, New Economic Forecast for February 2009 »

January 29, 2009

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Comments

Roger Fulton

Question/comment tied in together: when I lived in Beaverton some years ago, I once quipped on the proliferation of 7/11's that i wanted one "at the foot of my parking lot." I joked of course. I soon got one. As you know there is dminishing returns on everything when you over saturate any market with anything.
Casinos: for a while I managed an off-site sales office for a large resort/casino in your area, then watched then bubble up and wonder about the 7/11 syndrome. Since I left,plagued by curiosity, a Wharton business background and numbers, numbers, etc, I ask you this.
Has your area become over built with casinos - yet? What is the tipping point? More importantly, MPI wise, since Casinos are the "sugar" that draws the Meetings business to hotels/resorts venue - how has this affected the economic balance/consumption given the delicacy of the current economy climate?

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