New Jersey casino operators moan that smoking restrictions in Atlantic City caused many of their best customers to flee to the smoker-friendly casinos of Pennsylvania and Connecticut. However, a legal opinion issued in Connecticut may allow lawmakers to extend a state smoking ban to the American-Indian casinos. Tribal casinos, though, claim that smoking restrictions would be a threat to tribal sovereignty.

New York (AP) -- Shares of Isle of Capri Casinos Inc. slumped to a multi-year low Monday as an analyst downgraded the casino operator, citing economic concerns and a possible Iowa smoking ban. Ryan Worst of Brean Murray, Carret & Co. expects the St. Louis-based company will continue to look to lower costs, but believes sales growth will be harder to achieve in the next few quarters, which will likely keep the stock from rising much.