The battle lines for a piece of the gambling money are being drawn in a lot of states around the country. With the effects of the recession hitting every state in the country those states that already have some aspect of gambling allowed in their state are looking for ways to expand that gambling net to generate more funds for the state.
Now I know when you read the headlines in the news about the major gambling cities of Atlantic City and Las Vegas that the recession is hitting the casinos there just as hard. However a lot of states that have opened up their states to gambling are seeing an actual increase in funds coming in. One of the main reasons for the increase in gambling activity for the smaller states is because they are local and cheaper to get to. People are cutting back on the expense to get to the fancy Las Vegas or Atlantic City and getting their gambling fix at the local river boat or Indian reservation instead. Gambling staycations have become popular with the gambling crowd and gambling vacations have seen a major decline in the last year.
One state in particular lately actually has two bills coming up the channels of the local house and senate are generating a lot of news and interest in gambling for the state of Florida. There are two bills in Florida right now that are debating on how much gambling game leeway will be given to the Seminole Tribe in terms of Las Vegas style slot machines or full on gambling table games like poker and blackjack. Which ever bill that the state of Florida passes make no mistake that with estimates in the hundreds of millions of dollars that will be generated by the new gambling law for Florida will be passed sometime soon.
It’s the promise and potential of gambling bringing in hundreds of millions of dollars to local governments that is giving rise to the popularity of having access to local places to gamble. The recession has changed the landscape of gambling casinos in this country for years to come. The idea that in order to get your gambling fix from the only two cities in the country to offer it are long gone. The days of Las Vegas and Atlantic city dominating the gambling market have ended with this recession and given strength to a new competitor for your gambling dollars, your local government wants another way to get your hard earned money.
Honestly I don’t know why it took so long for local state governments to grab onto the idea of giving legal rights to gambling casinos in their own states long ago. New Jersey and Nevada have been getting these extra tax funds for years. Amazing how budget short falls and the economy collapsing has change the moral stances of so many local officials who were once so dead set against having gambling in their state.
What’s the old saying? Money talks and for a lot of states the promise of millions if not billions of extra tax dollars coming into their state isn’t enough of a reason to change their laws for local gambling. When you think about how quickly so many of these politicians have come down off their moral high horse of there will be no gambling in my state to what’s that you say economist? A few hundred million dollars a year just from gambling? Well let’s see what we can do about changing those old gambling laws you know this recession is really hurting my state financially and we can no longer afford to keep gambling out of our state.
I mean it was not all that long ago and I can remember in my life time that if you wanted to go to a casino and gamble your money you had to jump on a plane and fly out to Las Vegas than in the 70’s you got the option of going to Atlantic City. How long do you think it will be before we see some type of casino gambling in every state? The timese they are a changing and I think it’s just a matter of time before we see casino gambling in every state in the country.
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