Casinos Will Be a Vital Source of Jobs and Development

casino benefits outweigh problems

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Doug Walker has served as a consultant for a variety of gaming-related organizations, including government and industry groups. Thus, it becomes impossible to attribute social costs specifically to the person’s gambling problem. This is so-called “industry cannibalization.” The fact is that any new business that competes with existing businesses does the same thing. But in the end, a new casino creates a new option for consumers. On net, though, gambling tax receipts will almost certainly increase with casinos. The majority of people can gamble and have fun, it is only a minority who will become addicted. If we banned gambling, we might as well ban alcohol, the internet and many other things, for which most people treat as recreational. Making it illegal will only lead to continue this business in a dirty way.I do not believe gambling should be a crime and I do not see how it costs our society anything in the big picture. If it was legalized, it is a legitimate business that offers jobs, taxes and revenue. These are transactions between consenting adults and therefore, should be legal to help benefit society through capitalism.I believe that all people make choices. More and more freedoms are being taken away from us which limits peoples ability to make their own choices. I am tired of a few church ladies trying to tell people how they can enjoy themselves. There is no magic pill to take. There is no treatment that takes away the urge to gamble. Just like alcohol or drug additions, there will always be the urge to return to the addiction. Gambling destroys families. We are talking the oppression of the poor here. Those least likely to have any money are the ones gambling it away. We could historically consider it filthy lucre which is cursed. Have you ever seen a lottery winner happy five years later with their family still intact. Granted people who try this are most likely fragile, as well as their relations, in the first place and subject to a quick trick. People really need to take a statistics class and you will see that the greater good of yourself and society is being overlooked. Put the money into developing your talents or in giving someone less fortunate a way to realize and fulfill theirs. They look barely human, with their fingers knarled around video betting machines joy sticks, at these gas stations I see. Going into a restaurant you see the darkness and the haze, the abject depression and hopeful anxiety. I see them living in their cars, doing tricks to support more than one compulsive habit, driving away without paying because they have no money to pay for gas to get home. I see their families being stolen from and lives ruined. Each state should conduct a thorough and exhaustive evaluation that weighs all the benefits and drawbacks associated with legalizing gambling further. No two states are the same and thus no two economic atmospheres are identical. Even a referendum on the issue would be better than trying to apply a singular model on different cities. My personal opinion is against the further legalization of gambling. Legalizing gambling further in the United States would be a huge gamble the government would be taking. The social costs heavily outweigh the monetary benefits and I think it’s even clearer after viewing professor Grinols study. Street because 1> You know if you win or lose and your new financial standing the same day; whereas the exotic securities of Wall Street take your money every payday and only let you know you've lost everything every 7 years or so when the economy tanks. Common man can gamble his own money in a fun fee-free manner rather than pay wall street man to gamble or steal it for him. 3> Question is really moot since E-trade is legal everywhere and legalized gambling is already everywhere. Legalized casinos are just competition for legalized Wall Street. 5> People get addicted to anything. As long as gambling is regulated by the government, but maintained and owned by private entities throughout the world, it will not be a stable or viable industry. Unemployment, though, creates far more problems. Unemployment leads to poverty, domestic abuse, homelessness and addiction. Catskills, more than 2,000 permanent jobs will be created along with over $1.5 billion in capital investment. The spin-off effect will create jobs in other tourism-related businesses. Sands Casino Resort Bethlehem in Bethlehem, Pa., in this July 16 file photo. Gambling loses its "discretionary" aspect for problem gamblers.A commission survey found that about 2.5 percent of American adults were problem gamblers. Mr. Whyte translates that to 2 to 3 percent of adults, or 4 million to 6 million people, today. That compares with an estimated 5 to 7 percent of adults with alcohol problems. The Sun last week to discuss the reasons why it would be a bad idea for Florida to expand gambling. University economist Earl Grinols put an exact figure on it. His research found that casinos create about $3 in social costs for every $1 that they generate. I support gay marriage and the liberalization of drug laws, it's hard to reconcile those libertarian social positions with opposition to gambling. But as Blackenhorn points out, opposing government-endorsed casinos is different than being fine with someone betting on the Super Bowl or playing poker with friends for money. Nevertheless, gambling (or gaming as the industry likes to call it) is legal in every state. Whether gambling s social costs exceed its economic benefits is a matter. The Ontario Lottery and Gaming Corporation (OLG), a crown corporation, is pushing hard for a casino in Toronto and said it would pay Toronto double the “hosting fees” it gives to other municipalities. For example, the Alcohol and Gaming Commission of Ontario permits slot machines to be programmed so that “near wins” occur 12 times more often than would be dictated by chance, Harrigan explains. For example, while destination casinos in economically challenged areas can have economic benefits for the host city, positive economic effects are “muted or mixed” in more economically robust areas.

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