dgowrie + atlanticcity   1

Gambling states addicted to easy money: Our view
The lesson seems obvious: The farther gambling spreads, the less likely it is to produce the gusher of revenue that entices states to approve it in the first place. Ultimately, states with gambling will be primarily be extracting money from their own residents. At best, this is a wash for the local economy. While gamblers do spend money and create jobs, they would likely spend it in other ways that sustained other jobs if casinos were unavailable. What's more, gambling imparts hidden social costs that other industries do not.
USAToday  editorial  casino  gambling  gambling  addiction  market-saturation  AtlanticCity  social  costs  socioeconomic  impact 
october 2014 by dgowrie

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