Don't forget that PA taxes gambling at 55%. That's the total of 34% to the state plus all of the special asssessments. The games will be that much worse for the player.
Q: What's the difference between people who pray in church and people who pray in a casino?
the casino is a few blocks from my house and im fine with it and i would prefer it closer to my house.. anything that is going to bring jbs to the city gots my vote
The negative impacts of a casino in a neighborhood far outweigh the money the casinos bring in. When crime rates rise more tax money will have to be diverted to police. What product do the casinos sell? Casino don't sell product, they play with money taking in large amounts from working class people that would otherwise be spent at other small businesses. A factory would bring in far more jobs and money from outside of Philadelphia. The casinos rely upon local people being addicted to gambling.
Based on an analysis of average daily profits at Foxwoods in 2007, for the state to collect $200 million in tax revenue, 40,000 people would have to lose $234 every day, 365 days a year.
Casinos make up to 90% of their profits from 10% of the players: Binkley, Christina. Winner Takes All. 2008. page 184.
Despite what casino executives promote, many of the jobs in casinos pay very little.
Kneale, Klause. "America's Best and Worst Paying Jobs." Forbes. May 4, 2009
Problem gambling leads to distressed families, child neglect, suicide and bankruptcy. Domestic violence rates go up, as do foreclosures.
-National Gambling Impact Study Commission Report, commissioned by the United States Congress.1999
Expanded gambling causes increases in crime. Casinos and crime reported that casinos increased rates of rape, robbery, aggravated assault, burglary, larceny, and auto theft.
Grinols, Earl L., Mustard, David B. "Casinos, Crime and Community Costs." June 2000.
@ricep1cker thanks that helps and your qoutes are indications of concern. Now I have to look at the details in those reports because the qoutes themselves mean very little because if rates of problems "go up" that only means nothing if they are not statistically significant or if the net effect on society is actually positive from the casinos. So, I will first look at the conclusions of those studies. Thanks again, sorry i really understand nothing on this subject but you have helped.
@Marly61 all good. you don't have to agree with me the best thing is to do your own research. The clearest thing for me is to look at who is benefiting and who is paying the cost.
Cost- Low income communities where they are geographically located, Immigrants retired people, clues are their marketing.
Benefits- multi-national corporations, local and state politicians, google average Casino CEO Pay and factor in their perks.
There are plenty of other ways to make jobs without causing harm.
@ricep1cker I cant agree or disagree, I just dont understand the issue. Sure, I agree on your "clearest thing" which to me is " short term profit maximization" for a small handful of investors and owners regardless of the costs to society in general; that is Pragmatic Neoliberalism which I detest. Infrastructure investment under Keynesian models would probably produce far greater good economically and culturally then casinos but some powerfull people are probably getting paid off allowing this
The estimated revenue numbers from slots sound enticing, until you realize how much revenue we'll lose from other businesses. Expanded gambling will drain millions of consumer dollars from our economy. Gambling transfers consumer dollars into gambling facilities, resulting in a net decrease in jobs in the overall economy.
Kindt, John W. Diminishing or Negating the Multiplier Effect: The Transfer of Consumer Dollars to Legalized Gambling 2003. Pgs. 281-313.
look you fucking assholes the casinos will bring jobs we need jobs and okay some may think more crime okay this city is all fucked up i work in the casnio industry and loved it give it a chance
Don't forget that PA taxes gambling at 55%. That's the total of 34% to the state plus all of the special asssessments. The games will be that much worse for the player.
Q: What's the difference between people who pray in church and people who pray in a casino?
A: The people praying in a casino REALLY MEAN IT!
ripley1423 1 year ago
its kinda late reply but im gonna .
the casino is a few blocks from my house and im fine with it and i would prefer it closer to my house.. anything that is going to bring jbs to the city gots my vote
striz860rider 2 years ago
The negative impacts of a casino in a neighborhood far outweigh the money the casinos bring in. When crime rates rise more tax money will have to be diverted to police. What product do the casinos sell? Casino don't sell product, they play with money taking in large amounts from working class people that would otherwise be spent at other small businesses. A factory would bring in far more jobs and money from outside of Philadelphia. The casinos rely upon local people being addicted to gambling.
ricep1cker 1 year ago
@ricep1cker please present the scientific reports and or analyses where you found statistics and facts you presented here.
Marly61 1 year ago
@Marly61
Based on an analysis of average daily profits at Foxwoods in 2007, for the state to collect $200 million in tax revenue, 40,000 people would have to lose $234 every day, 365 days a year.
Casinos make up to 90% of their profits from 10% of the players: Binkley, Christina. Winner Takes All. 2008. page 184.
Despite what casino executives promote, many of the jobs in casinos pay very little.
Kneale, Klause. "America's Best and Worst Paying Jobs." Forbes. May 4, 2009
ricep1cker 1 year ago
Problem gambling leads to distressed families, child neglect, suicide and bankruptcy. Domestic violence rates go up, as do foreclosures.
-National Gambling Impact Study Commission Report, commissioned by the United States Congress.1999
Expanded gambling causes increases in crime. Casinos and crime reported that casinos increased rates of rape, robbery, aggravated assault, burglary, larceny, and auto theft.
Grinols, Earl L., Mustard, David B. "Casinos, Crime and Community Costs." June 2000.
ricep1cker 1 year ago
@ricep1cker thanks that helps and your qoutes are indications of concern. Now I have to look at the details in those reports because the qoutes themselves mean very little because if rates of problems "go up" that only means nothing if they are not statistically significant or if the net effect on society is actually positive from the casinos. So, I will first look at the conclusions of those studies. Thanks again, sorry i really understand nothing on this subject but you have helped.
Marly61 1 year ago
@Marly61 all good. you don't have to agree with me the best thing is to do your own research. The clearest thing for me is to look at who is benefiting and who is paying the cost.
Cost- Low income communities where they are geographically located, Immigrants retired people, clues are their marketing.
Benefits- multi-national corporations, local and state politicians, google average Casino CEO Pay and factor in their perks.
There are plenty of other ways to make jobs without causing harm.
ricep1cker 1 year ago
@ricep1cker I cant agree or disagree, I just dont understand the issue. Sure, I agree on your "clearest thing" which to me is " short term profit maximization" for a small handful of investors and owners regardless of the costs to society in general; that is Pragmatic Neoliberalism which I detest. Infrastructure investment under Keynesian models would probably produce far greater good economically and culturally then casinos but some powerfull people are probably getting paid off allowing this
Marly61 1 year ago
here u go.
The estimated revenue numbers from slots sound enticing, until you realize how much revenue we'll lose from other businesses. Expanded gambling will drain millions of consumer dollars from our economy. Gambling transfers consumer dollars into gambling facilities, resulting in a net decrease in jobs in the overall economy.
Kindt, John W. Diminishing or Negating the Multiplier Effect: The Transfer of Consumer Dollars to Legalized Gambling 2003. Pgs. 281-313.
ricep1cker 1 year ago
@ricep1cker You hit on a very key issue to me which is The Multiplier Effect which I understand.
Marly61 1 year ago
look you fucking assholes the casinos will bring jobs we need jobs and okay some may think more crime okay this city is all fucked up i work in the casnio industry and loved it give it a chance
fuck all who dont aproove
striz860rider 3 years ago
yeah, but there are a billion other ways, even much easier ways, to create new jobs in this growing city...no need to ADD MORE SHIT TO THIS CITY
dcf19027 3 years ago 3
OK, so why don't you suggest they build a casino next to your house?
malwint 2 years ago
right on Debbie!
UrSassyGrl 3 years ago
NO CASINO IN CHINATOWN!!
lovexhuggies 3 years ago