Mar 3, 2010 by Chad 0
Gambling Cash Cow running dry
We know times are bad when state legislatures want to milk citizens dry through expanded gambling.
But more gambling for state revenues, especially in today’s climate, is a bad hand. A sucker bet. Fool’s gold.
The Gambling Cash Cow is running dry, but states are slow to learn. As of early March, Maryland alone had 26 new gambling bills introduced just since 2010.
The Gambling Empire takes dollars and exports pennies and addiction. This makes gambling a bad neighbor, and gambling also fails the cost-benefit test.
In a recent Parade Magazine article, Robert Ward of the Rockefeller Institute of Government concluded, “Gambling has grown because it is less unpopular than other steps, like broad-based tax increases … Plugging the hole this way just pushes the problem down the road.”
The Rockefeller Institute published a grim forecast on the Luck Cartel’s future. Nearly 30 states, all banking on more gambling to save the day, must have missed the report, however, alongside multiple headlines describing gambling’s persistent decline.
According to the Nevada Gaming Abstract 2009, the new generation of Nevada tourists is drinking more than they are gambling. Nightclubs and alcohol are in, gambling is out.
Are you frustrated by your state officials banking the budget on more gambling? Want to make a difference today?
Educate your elected officials by sending them the Rockefeller report. Print off a double-sided (8.5×14), color fact-filled flyer. Send these items to your state officials and urge them to put the Gambling Cow out to pasture. She’s going dry!