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SAN DIEGO (KGTV) – With nearly a dozen casinos in San Diego County, a local gaming expert says the region has become oversaturated creating too much competition.This is forcing the county's gaming resorts to focus less on gambling and more towards becoming an entertainment destination to help drive revenues.Others are laying off staff.The news comes amid a string of critical headlines targeting some local casinos.RELATED: Controversial 0M Jamul casino opens its doors, creates traffic problems in area?Last week, the developers and operators of Hollywood Casino declared in a filing that it was pulling out of a contract with the Jamul Indian Village, citing nearly million in losses. The Pala Casino Resort and Spa also confirmed that there will be layoffs, citing pressure from an increasingly competitive casino market in Southern California.Longtime gaming expert Dave Palermo says with the addition of the Hollywood Casino, the market just got very competitive for San Diego County’s 10 casinos.RELATED: Sycuan Casino breaks ground on new hotel and resort expansion?As far as the overall gaming market in the state, Palermo says it’s holding pretty steady with annual gaming revenues increasing about five percent. While the state’s gaming market remains healthy, Palermo says for each casino, holding onto their share won’t be easy. Palermo says local casinos are taking their cue from the Las Vegas industry where revenues from amenities like hotels, food and entertainment are now a bigger piece of the pie.A total of six local casinos have been undergoing expansions.A spokesperson for the Jamul Indian Village Tribe declined to comment on the Hollywood Casino’s revenue losses, but says the development is an important step toward the tribe managing its own casino.“Our announcement today represents an important step toward our long-held goal to manage our own casino,” said JIVDC Chairwoman Erica Pinto.“We are grateful to Penn National for all their hard work and leadership in bringing what was a very challenging development project to fruition,” said Pinto. 2102

SAN DIEGO (KGTV) — You may have seen signs in front of businesses asking customers for card transactions or cash only with exact change. That's because the coronavirus pandemic is causing a national coin shortage.Money is money. But right now, paper is not as valuable as metal for Pacific Beach resident, Michele Pagnano."I go through a good amount of change on a regular basis," Pagnano said.He uses his apartment complex's coin laundry about three to four times a week. So when he was running low on coins, he headed to the bank, like he always does."Three weeks ago, I was at Wells Fargo," Pagnano said. "I wanted to get worth [of quarters] so that it could hold me over for a couple of weeks. And the teller says she could only give me . I went around to a few more banks, and they all had that same practice in place."There's a reason for that. The Federal Reserve says there is a coin shortage caused by the pandemic. Weeks ago, the US Mint reduced coin production to protect its employees from the virus. Plus, with more people shopping online or using touch-less payment methods, cash, especially coins, is not circulating like it use to."If there's none in circulation, it becomes a toilet paper panic again, just like at the beginning of the pandemic," Pagnano said.But Pagnano says he was not going to give up on clean clothes that easily."I even went around to a couple of laundry mats to try to get some quarters from them," Pagnano. "None of them were allowing you to take the quarters off the premises. One guy even told me that he only had in circulation for their entire laundry mat."He also went on Facebook to see if any of his neighbors can do a swap. He even contacted his landlord for help."I already reached out to the landlord and asked if we could buy back the quarters that are already in the machines," Pagnano said. "Hopefully, that is something we can make happen to alleviate the problem, at least for our complex."His last resort? On a whim, Pagnano says he walked into San Diego County Credit Union, which is just down the street from his home. To his surprise, he got lucky."We got the million-dollar quarters right here!" Pagnano laughed.The Federal Reserve believes the coin shortage will be resolved, and more coins will be back in circulation once more of the economy reopens. 2333

SAN DIEGO (KGTV) - With the lack of housing in San Diego, you need to act fast or you could miss out on a great home. Some San Diegans are getting proactive. They’re not waiting for a home to go up for rent; they’re reaching out to landlords before the property is even available. 10News is sharing a man's creative way to make it San Diego. All it takes is one breathtaking look and the appeal is undeniable. Orange Avenue, The Hotel Del, the Ferry Landing; they all make Coronado irresistible."Coronado is awesome. It's such a small-town feel. People say ‘hi’ to each other. You know your neighbors," said Cory Stock.Stock is a hard-working Surface Rescue Swimmer Instructor for the Navy. He doesn’t have a lot of time to research and look for a new place to live.RELATED: People converting vans to avoid high rent"Lots of swimming, lots of PT," said Stock.Work for Stock is either at Naval Base San Diego or at Naval Base Coronado right on the island. So, Stock decided Coronado would also be a great place to call home. But there was one problem."The turnaround of places is so quick here," said Stock.Knowing anything in his price range might get snatched up in a heartbeat, Stock decided to get proactive and created a post on the Coronado Happenings Facebook page. He was looking for a one or two bedroom rental no later than January 1. It didn't hurt that he threw in the part about being active duty Navy with excellent credit and references, and that he's also a handyman. RELATED: Think we're in a housing crisis? Try this city"The mere fact that you're in the military; it gives you a lot of credit right off the bat," said Stock.In Coronado, being in the military practically means you're already vetted. And it worked. Within weeks Stack and his girlfriend found an affordable home near work, right in the middle of paradise. "Facebook is so big now and social media,” said Stock. “It's a lot easier to get your name out that way to people you'll probably never meet rather than hoping you bump into somebody."Stock moves into his new place at the beginning of the new year. 2097

SAN DIEGO (KGTV) — When it comes to being wealthy, it's defined as something different between many San Diegans.Money, friendships, wellness. All of these play a factor in how our region defines "wealthy."A new study by Charles Schwab surveyed 500 San Diegans to define wealth. While most defined it more tangibly as having more money, others broke it down by relationships with family and friends, and life experiences. Here's the immediate breakdown of the survey: 489

SAN DIEGO (KGTV)- A splash of color brings life back to Bay Park Elementary. Over the weekend, parents and volunteers joined together to give the school a facelift. The beautification project now has kids excited to come to school. “They were just blown away,” says Emily Auer. “Their face just lit up. They actually touched the walls.”Bay Park Elementary is approaching it’s the 80th anniversary. The school’s beautification team brought together almost 80 volunteers. The project started Friday night until late Sunday afternoon. Volunteers painted the walls and wooden backpack holders. Parents tell 10News one family donated a bunch of small desks with chairs that now sit in the halls. Behr gave the paint for the project. “Such a wonderful group of kids, so positive,” says parent Erica Krystek. “We really wanted that positivity reflected in the hallways.”The Bay Park Elementary Beautification Team plans to do more upgrades in the future. They hope to paint and add new carpet to the school’s auditorium. 1022

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