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|Will there be state-run casinos in the US?
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|Autor:||andinia2 [ Vie Dic 30, 2011 11:49 am ]|
|Asunto:||Will there be state-run casinos in the US?|
Atlantic City has been one of the prime gaming destinations in the US in recent years, but now money is scarce in the former cash cow of the state of New Jersey, prompting its politicians to consider even exotic means to save it.
Seems difficult to accept at first, but casinos around the world are in trouble and losing money. Hence, the whole tourism industry that has grown around gaming houses in different parts of the world is suffering, since less casino players means invariable less customers at local restaurants and hotels, less car rentals, train and airline tickets, and lower income for the local state authorities after reaping their hefty taxes. Naturally, high taxation in such times produces also some level of resentment among people who non see their wallets getting thinner, and that, in turn, means that voters go elsewhere.
The first evident culprit is the recession that has hit the world in recent times. Atlantic City is one of the places that has been arguably been hit the hardest because there is also an increased competition from casinos around the U.S. And the world, and a set of federal laws that make it more inconvenient than ever for investors to dip into the gambling market. Hence, after considering different alternatives due to the lack of response of private investors, the State of New Jersey is even considering a government take over of the local gambling industry in order to guarantee its survival.
Critics, however, point to the fact that state-run enterprises usually fare even worse than private ones, but politicians are worried only about tax money. Plus, the problem for Atlantic City is not only this recession but the ever-increasing number of casinos, betting and gambling houses in other locations both in the U.S. And abroad, so going the Soviet way doesn't seem to be a viable solution, unless federal U.S. Laws are change to favour state-run gambling enterprises to the detriment of private competitors.
Would this be the beginning of something like a casino "kombinat" era in the U.S.? Sounds doubly ghastly, and seems to be bad taste of a kind worse than the on typically found at Las Vegas.
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