Good point
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I dont understand why cities, towns, sports teams, etc. are so in love with gambling.
Lets say one town allows gambling, and a guy spends $100 to gamble.
Another town does not allow gambling. It is not like a person will put $100 in the bank. Most likely, they will spend it at a store, restaurants, etc.
So, I dont get the reason for the desire to increase the gambling. It does not seem to an economic benefit. Seems it is kind of a "zero sum"
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I dont understand why cities, towns, sports teams, etc. are so in love with gambling.
Lets say one town allows gambling, and a guy spends $100 to gamble.
Another town does not allow gambling. It is not like a person will put $100 in the bank. Most likely, they will spend it at a store, restaurants, etc.
So, I dont get the reason for the desire to increase the gambling. It does not seem to an economic benefit. Seems it is kind of a "zero sum"
@taiwan_girl said in Good point:
I dont understand why cities, towns, sports teams, etc. are so in love with gambling.
Tax revenue can be lucrative.
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@taiwan_girl said in Good point:
I dont understand why cities, towns, sports teams, etc. are so in love with gambling.
Tax revenue can be lucrative.
@George-K said in Good point:
@taiwan_girl said in Good point:
I dont understand why cities, towns, sports teams, etc. are so in love with gambling.
Tax revenue can be lucrative.
Are they more then regular taxes?
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The money was being made anyway by organized and not-so-organized crime. Now it's made by the government. First it was the lottery taking out the numbers racket. Then casinos, then drugs. Legalized prostitution will be next. Then government will run ALL the rackets. They already had extortion through 'revenue sharing'.
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