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Casino Expansion: Urban Roulette

Home Forums General Columbus Discussion Casino Expansion: Urban Roulette

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  • #93548

    News
    Participant

    Urban Roulette

    Chicago | 08/29/2012 3:03pm | 0

    RYAN BRIGGS | NEXT AMERICAN CITY

    The debate is just the latest in a decades-long controversy over what role, if any, casinos can play in the revival of America’s cities. The economic downturn has given states an impetus to open up new sources of revenue, with gambling often viewed as low-hanging fruit. Twelve states have expanded gambling options in the last three years, 22 now permit commercial casinos (up from two in 1974), and Hawaii’s legislature is currently considering plans that would leave Utah as the sole state without some form of legalized gambling.

    READ MORE: http://americancity.org/daily/entry/casino-chicago-phila

    #512479

    cbus11
    Member

    From what I am hearing it is at least getting businesses to stay and to some extent remodel and expand. I don’t think it is going to be some panacea that will save the West Side, but I do think it will help. The area seems to have been neglected by the current city government and needs all the stimulus it can get.

    As far as the crime mentioned in the article I think that is related to a 24 hour operation that brings in a lot of people and mixes them with alcohol and money. I imagine such things are planned for.

    #512480
    Walker Evans
    Walker Evans
    Keymaster

    I think the more interesting aspect of the article is that with so many casinos opening up across the country, they’re going to:

    1) Lose some appeal as they become more commonplace.
    2) Lose some of the economic impact as the dollars spent continue to spread out.

    #512481
    Coremodels
    Coremodels
    Participant

    Walker said:
    I think the more interesting aspect of the article is that with so many casinos opening up across the country, they’re going to:

    1) Lose some appeal as they become more commonplace.
    2) Lose some of the economic impact as the dollars spent continue to spread out.

    Pennsylvania’s gambling industry increased revenue 21 percent last year

    #512482

    buckette13
    Member

    Walker said:
    I think the more interesting aspect of the article is that with so many casinos opening up across the country, they’re going to:

    1) Lose some appeal as they become more commonplace.
    2) Lose some of the economic impact as the dollars spent continue to spread out.

    I don’t imagine people will be flying in solely to come to the Hollywood Casino. As far as the west side, I see it as an attraction it otherwise would not have had. People will probably come from the metro area and surroundings. There will also be people who are taking weekend trips to Columbus for other attractions (major draws like OSU football/basketball, Easton shopping) and adding this to the mix. I also think the workers in the casino may add some potential residents and spend a little money in the area.

    I think there will be a net gain (this is coming from someone who is not a gambler).

    #512483
    Walker Evans
    Walker Evans
    Keymaster

    Coremodels said:

    Pennsylvania’s gambling industry increased revenue 21 percent last year

    Was that more or less than originally projected?

    And will that be growth be impacted in the future when there are 10 more casinos opening in neighboring states/cities?

    #512484
    Coremodels
    Coremodels
    Participant

    Walker said:
    Was that more or less than originally projected?

    And will that be growth be impacted in the future when there are 10 more casinos opening in neighboring states/cities?

    I think its a strange conversation to begin with, and one we don’t have about any other type of business we herald opening in town (the ones more saturated by type, hiring less people, and paying less taxes).

    #512485
    Walker Evans
    Walker Evans
    Keymaster

    Coremodels said:
    I think its a strange conversation to begin with, and one we don’t have about any other type of business…

    Casinos are unlike any other type of business.

    #512486

    mrpoppinzs
    Member

    Coremodels said:
    I think its a strange conversation to begin with, and one we don’t have about any other type of business we herald opening in town (the ones more saturated by type, hiring less people, and paying less taxes).

    +1
    ——
    I assume there was similar controversy with bars around the time of prohibition. It all seems pretty silly.

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