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Casino Smoking Bans Loom for Two States

29 March 2005

NEW YORK – As reported by Reuters: "Smoking bans being considered in New Jersey and Colorado would hurt revenue at casinos, analysts and industry lobbyists say.

"Legislatures in both states are weighing bills that would ban smoking in public areas.

""We believe the outcome of the bill could have a considerable impact on Atlantic City casinos," Deutsche Bank analyst Marc Falcone said, adding that an estimated one-third of casino clients are smokers.

"The Casino Association of New Jersey, which represents all the major casinos in Atlantic City, opposes including casinos in the statewide ban.

"…Chapter Local 54 of Unite HERE -- the union that represents 10,000 casino employees -- is supporting the New Jersey bill to protect union members against second-hand smoke.

"Colorado has more than 40 casinos.

"…The history of similar legislation indicates Atlantic City and Colorado would lose revenue, at least initially…"

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