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You can bet it is.
Proponents of gambling make a lot
of promises about the benefits, but how much have you
really heard about the potential costs of getting the
government more addicted to gambling dollars?
Let's dispel the biggest myth first:
a new state casino won't create any new wealth or jobs
for Minnesota. While casinos might redistribute wealth
from one region to another, in general they simply suck
up resources that had previously gone to local restaurants
and entertainment venues.
When governments pin their hopes on
casinos to revive a failing economy, you can bet they
will fail. Detroit, Atlantic City, East Saint Louis
and other cities have placed their bets on gambling
to revive a failing economy, and have paid the price.
In New Orleans a new casino promised to bring 50,000
jobs, and delivered only 5% of that number.
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