![]() ![]() The Wall Street Journal (Subscription): Casino Boom Pinches Northeastern States - Racetrack casinos used to contribute as much as $240 million a year to Delaware's tax coffers. Vin Narayanan, Managing editor at the Casino City Times.ĭoug Walker, Professor of economics at the College of Charleston, expert on the economic and social effects of casinos and author of Casinonomics: The Socioeconomic Impacts of the Casino Industry, and The Economics of Casino Gambling.īarbara Dafoe Whitehead, Director of the Center for Thrift and Generosity at the Institute for American Values, a New-York-based think tank focusing on family and social issues, and editor of Franklin’s Thrift: The History of a Lost American Virtue. Two dozen within a hundred miles of Philadelphia. Best of all, it was casino visitors from out-of-state who would feed your state’s slot machines and coffers. The jackpot story lingered as gambling and casinos spread across much of the rest of the country, on riverboats and reservations and promises of endless new revenue for struggling states. ![]() (Courtesy)ĭecades ago, Las Vegas and Atlantic City hit it big with casinos. Do we now have a national casino glut? All the problems, less upside? An artist's rendering of MGM's proposed resort-style casino in Downtown Springfield, Mass.
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