Casinos
Casinos Casinos Casinos have become a large part of cities' economy and hundreds of thousands of people's lives. Casinos are exciting for many people who feel they have a chance to win it big. Because so much money is flowing into casinos, the local business are being affected. Most are not thriving with the new tourism and the seemingly revived economy. In 1994 more people made the trip to a casino then to a ball park (Popkin). The casinos are attracting so much of American's dollars that they spent less on books, music albums and attractions (Reed). The people are spending less money outside of the casino. Which is not helping the vast majority of local businesses. This is what is most often overlooked by the city. The money from tourists and the community is not going into the local businesses, but instead the casino. Robert Goodman, Urban Planning professor states: “Newly opened casinos suck money out of the local economy, away from existing movie theaters, car dealerships, clothing shops and sports arenas” (Popkin). Casinos take money away from existing businesses. In Atlantic City, where casinos were supposed to save their failing economy, over 900 of their 2,100 small businesses have closed and the number of restaurants was reduced from 243 to 146. By providing everything a person needs, the casinos are designed to keep people inside. The truth is casinos drain money out of an area into a far away bank account, most often never going back into the community. Casino revenues may look good on paper to the average person, and to politicians who are constantly being pushed to gain more revenue. In reality they are almost a nightmare to the small locally owned...This is ONLY a preview of the article. If you would like to view the entire document, you must subscribe to Electronic References. Please register below now! Get This Full Article After Registration
|
|
Home | Register | Login | Logout | Privacy Policy | Disclaimer | Help | FAQ | Contact Us | Cancel Subscription Copyright 1998-2007 Electronic References. Electronic References is designed only to assist students and researchers in the preparation of their own work. Anybody who use our services are responsible not only for writing their own papers, but also for citing Electronic References as a source when doing so. By accessing and using this page you agree to the Disclaimer. |