Casinos. And its pros and cons. By: Peter McAuley. Pro’s. More you win the more tax you have, which means more money goes into the economy. P eople have a renewed interest in life, because of the thought of winning big. Pro’s.
And its pros and cons
By: Peter McAuley
More you win the more tax you have, which means more money goes into the economy.
People have a renewed interest in life, because of the thought of winning big.
People stop in the towns surrounding the casino and spend money.
Gambling breaks at work create a more friendly environment.
The feeling of risk, the buzz, the thrill.
People from all around want to come to gamble their money away at casinos.
Creation of thousands of jobs all at once and the jobs are there to stay.
1% loose everything.
4% need to be helped by someone.
20% over indulge and bet more money than they have.
People loose money in one instant because of bad decisions.
12% win rate on tables.
6% win rate on slots.
Gambling becomes addictive, because you keep thinking that you are going to win big but never do.
Gambling gives you the same “high” as a drug.
The construction jobs are gone when the casino is built.
Poor people don’t know better, think they can win big and bet everything they have.
Local money doesn’t stimulate the economy it just moves money around while giving a bit of it to the government.