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cw said:We have a sign up on our lawn against it.
The odds in casinos are rigged to favor them. That's a key way they make money. It has to be that way for them to survive ... and then a little greed kicks in so they make a bundle of dough.
One of the saddest places I've ever seen in North America is Atlantic city. The boardwalk and casinos glitter but everywhere else around them looked like massive devastation had hit with buildings and homes boarded up for miles around aside from pawn shops that say "We buy gold".
We arrived one day around 5:30pm and asked the doorman "Where is everybody?" It looked empty. He answered "We got their money already."
I saw a devastated elderly woman being wheeled out on a luggage cart and dumped on the sidewalk. I saw many people lose big time.
The government doesn't seem to mind because they clean up in taxes.
But it's just a legalized scamming operation that takes money from a majority of uneducated or addicted people who can't afford to lose it.
They sucked our next door neighbor, an 80+ year old widow, into gambling. Wiped out all her savings.
I just don't see much good or value add to our society with them. $5 local bingo or something like that is fine. But stay away from places that can cause people to lose big money they can't afford. Keeping them in somewhat remote places helps to reduce the number of lives they devastate.
Frank E said:cw said:We have a sign up on our lawn against it.
The odds in casinos are rigged to favor them. That's a key way they make money. It has to be that way for them to survive ... and then a little greed kicks in so they make a bundle of dough.
One of the saddest places I've ever seen in North America is Atlantic city. The boardwalk and casinos glitter but everywhere else around them looked like massive devastation had hit with buildings and homes boarded up for miles around aside from pawn shops that say "We buy gold".
We arrived one day around 5:30pm and asked the doorman "Where is everybody?" It looked empty. He answered "We got their money already."
I saw a devastated elderly woman being wheeled out on a luggage cart and dumped on the sidewalk. I saw many people lose big time.
The government doesn't seem to mind because they clean up in taxes.
But it's just a legalized scamming operation that takes money from a majority of uneducated or addicted people who can't afford to lose it.
They sucked our next door neighbor, an 80+ year old widow, into gambling. Wiped out all her savings.
I just don't see much good or value add to our society with them. $5 local bingo or something like that is fine. But stay away from places that can cause people to lose big money they can't afford. Keeping them in somewhat remote places helps to reduce the number of lives they devastate.
Jesus cw, that's a pretty one sided view.
According to what I've read, the problem gamblers are something like 5% of the population.
Should we not allow there to be any steakhouses opening up too, because red meat creates heart conditions if you eat too much of it. How about manufacturing plants? They do a lot of damage to the local environment over time....bars create alcoholics, etc...
One thing casinos do do is bring an injection of outside money into the city...tourism dollars. Toronto needs a bunch of money to get their books balanced, and to finance some much needed infrastructure improvements. Toronto, and Hamilton for that matter, need something creative like this to gain some much needed funding. It's not a perfect solution, but it's certainly a financially viable one.
Frank E said:cw said:We have a sign up on our lawn against it.
The odds in casinos are rigged to favor them. That's a key way they make money. It has to be that way for them to survive ... and then a little greed kicks in so they make a bundle of dough.
One of the saddest places I've ever seen in North America is Atlantic city. The boardwalk and casinos glitter but everywhere else around them looked like massive devastation had hit with buildings and homes boarded up for miles around aside from pawn shops that say "We buy gold".
We arrived one day around 5:30pm and asked the doorman "Where is everybody?" It looked empty. He answered "We got their money already."
I saw a devastated elderly woman being wheeled out on a luggage cart and dumped on the sidewalk. I saw many people lose big time.
The government doesn't seem to mind because they clean up in taxes.
But it's just a legalized scamming operation that takes money from a majority of uneducated or addicted people who can't afford to lose it.
They sucked our next door neighbor, an 80+ year old widow, into gambling. Wiped out all her savings.
I just don't see much good or value add to our society with them. $5 local bingo or something like that is fine. But stay away from places that can cause people to lose big money they can't afford. Keeping them in somewhat remote places helps to reduce the number of lives they devastate.
Jesus cw, that's a pretty one sided view.
According to what I've read, the problem gamblers are something like 5% of the population.
Should we not allow there to be any steakhouses opening up too, because red meat creates heart conditions if you eat too much of it. How about manufacturing plants? They do a lot of damage to the local environment over time....bars create alcoholics, etc...
One thing casinos do do is bring an injection of outside money into the city...tourism dollars. Toronto needs a bunch of money to get their books balanced, and to finance some much needed infrastructure improvements. Toronto, and Hamilton for that matter, need something creative like this to gain some much needed funding. It's not a perfect solution, but it's certainly a financially viable one.
cw said:That claim is rather questionable:
http://www.usnews.com/usnews/culture/articles/960115/archive_033863_3.htm
A U.S. News computer analysis of 55 counties that got casinos beween 1990 and 1992 suggests that casinos do not create significant economic expansion. The increase in new businesses in these counties--about 4 percent--matched that for the rest of the nation. Restaurant growth lagged slightly in counties with casinos, while employment rates were a bit higher. William Hall, who came to a similar conclusion in a study for Illinois's Economic and Fiscal Commission, says economic development tends to be a wash because "most places overestimate the amount of tourism they eventually get. Most gambling appears to be by local people. In that case, you're moving money around in the economy, rather than bringing in new money."
If they blow their money at the casino, they don't have it to spend on local goods and services.
Manufacturing companies can have environmental issues but only IF they're not regulated properly. And if they cause an environmental problem they can be held accountable. Casinos do not provide reparations to folks who lose their shirt. But the many manufacturing companies that operate properly provide a business that adds value - producing product that can be sold around the country or world wide. Adding value and selling it around the world is how countries gain wealth.
I'd rather better museums/institutions, schools & businesses - things that add real value to attract people and money to my community than attracting a crop of gamblers.