
While you guys are chasing Alex Cohen off the internet, you should be reading Casino.org who tell us. the Bloomberg editorial board has written:
Unlike other entertainment options, moreover, casinos impose outsized costs on nongamblers. They tend to increase crime, an effect that worsens over time. They’re likely to boost bankruptcy rates. Because they’re reliant on problem or at-risk gamblers for up to 90% of their revenue, they’re associated with a host of other public expenses, including for courts, emergency services, unemployment, bad debts, and more. By one analysis, the social costs of casinos exceed the economic benefits by a factor of six,” the Editorial Board wrote.
It makes one wonder why someone would hand over parkland to a billionaire to build a casino.
The way I see this going is that the casino gets built, and the first year is all kinds of articles about how great it is and how the area looks nicer and all that.
Then a second year of the novelty.
Then people stop going except the diseased gamblers type…..and the long slow drift into being en eye-sore.