In what ways can legalized gambling be good for local economies?

Answer 1

It can create a tourist economy, hotels, restaurants, airport traffic, added police, added firemen, more sanitation and so forth.
Gambling is like world trade, it brings in dollars from outside the community to that community. That is want you want, more dollars coming into a community than going out of a community.
Employment goes up initially, that creates new house starts, more schools and so on, which turns into tax dollars to pay for city improvements. No need for bonds. That is pretty much how it works.

Answer 2

It what ways?

All ways.

Use the tax revenue generated to build up the law enforcement and gambling crisis centers.

Keep the rest for the local govt's affected.

Answer 3

faster or latter, at the same time as human beings commence loosing there 401k and the money they made from promoting their residences and gave all of it to the playing abode's, the pinch will be felt on close by economies and in Louisiana the authorities do not even get the tax money they ought to and that i have not considered any advancements considering playing got here to city, it humorous how all and diverse is at the same time as it come to a playing abode, and their pay sucks are you able to've faith minimum salary

Answer 4

State Taxes! NJ gets about $2Million a DAY in state taxes because of Atlantic City. Just to give you an Idea

Answer 5

I lived in Las Vegas and I can tell you that while gambling has done well for the are economicly, the crime, dropout rate, transientness of the area have taken there toll on the area.

Answer 6

Tax revenue, employment opportunities

Answer 7

increased tax base allows for investment in local infrastrure.

Answer 8

Lots of employment at the casino...
from security guards to waitresses to managers to bouncers to card dealers.