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WHAT ARE THE COSTS? If casinos only failed to deliver on their promises, then perhaps they could be written off as just another government boondoggle that fails to deliver on its promises.
Did you know that Las Vegas has more suicides per capita than any city in America? Or that about 8% of crime in areas with casinos can be attributed to gambling? Or that when you add up all the social costs of gambling, including bankruptcy, law enforcement, court costs, social services and lost wages, the cost of gambling outweigh the benefit by almost 2 to 1? The simple fact is casinos cost the taxpayers a lot of money. Even if you leave aside the human toll of lives lost and ruined, the return on the investment for the taxpayers is simply not real. What does it matter if the state gets an extra $100 million if it costs $190 million to pay the extra expenses incurred? |