Author Topic: ny referendum passes; now private casinos  (Read 987 times)

geronimotwo

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ny referendum passes; now private casinos
« on: November 06, 2013, 09:38:39 PM »
http://www.usatoday.com/story/news/nation/2013/11/06/ny-voters-ok-private-casinos/3450951/

the question on the ballot was knee deep in the wonders that new casinos would provide our state......more jobs......more taxes for education......the reason I didn't vote for it was because it specifies 7 new casinos.  it's almost as if they already know who is going to build them or something.   [tinfoil]
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Scout26

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Re: ny referendum passes; now private casinos
« Reply #1 on: November 07, 2013, 12:43:20 PM »
Yes, and they can point to how well it's worked out in Illinois.


 ;/
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T.O.M.

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Re: ny referendum passes; now private casinos
« Reply #2 on: November 07, 2013, 12:46:04 PM »
and Ohio.
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Balog

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Re: ny referendum passes; now private casinos
« Reply #3 on: November 07, 2013, 12:49:44 PM »
I don't actually know (although I can guess from the tone) but what has been the results of bringing casinos into those states?
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T.O.M.

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Re: ny referendum passes; now private casinos
« Reply #4 on: November 07, 2013, 01:07:49 PM »
http://www.dispatch.com/content/stories/business/2013/07/24/not-a-full-house.html

Long story short, the Columbus and Toledo casinos aren't doing the business that was predicted.  In Columbus, the pre-build talk was about how the casino would spark business development in the surrounding area, and there would be lost of tax dollars for schools, infrastructure etc.  Well, since revenue isn't what they predicted, neither is the amount of tax dollars.  And, it seems that the massive explosion of business around the casino hasn't happened yet, either.
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Tallpine

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Re: ny referendum passes; now private casinos
« Reply #5 on: November 07, 2013, 05:49:48 PM »
I don't actually know (although I can guess from the tone) but what has been the results of bringing casinos into those states?

I'm aware of a very nice family in Colorado in which the husband/father went crazy on gambling and ruined the family both relationally and financially  =(

When I graduated from college in 1995, the big CPA growth industry was auditing casinos  :facepalm:

Freedom is a heavy load, a great and strange burden for the spirit to undertake. It is not easy. It is not a gift given, but a choice made, and the choice may be a hard one. The road goes upward toward the light; but the laden traveller may never reach the end of it.  - Ursula Le Guin

charby

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Re: ny referendum passes; now private casinos
« Reply #6 on: November 07, 2013, 06:08:14 PM »
Yes, and they can point to how well it's worked out in Illinois.


 ;/

and Iowa. (Native Americans vs Private ownership)
Iowa- 88% more livable that the rest of the US

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Balog

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Re: ny referendum passes; now private casinos
« Reply #7 on: November 07, 2013, 06:15:28 PM »
I know anti-casino types generaly predict a rise in crime etc near the casinos. Have you all observed that as well, or just underperforming revenue expectations?
Quote from: French G.
I was always pleasant, friendly and within arm's reach of a gun.

Quote from: Standing Wolf
If government is the answer, it must have been a really, really, really stupid question.

charby

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Re: ny referendum passes; now private casinos
« Reply #8 on: November 07, 2013, 06:17:47 PM »
I know anti-casino types generaly predict a rise in crime etc near the casinos. Have you all observed that as well, or just underperforming revenue expectations?

We don't have the crime problem, but the underperforming revenue expectations has happened.
Iowa- 88% more livable that the rest of the US

Uranus is a gas giant.

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Tallpine

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Re: ny referendum passes; now private casinos
« Reply #9 on: November 07, 2013, 07:13:14 PM »
We don't have the crime problem, but the underperforming revenue expectations has happened.

No increase in bad checks, embezzling to pay gambling debts, etc  ???
Freedom is a heavy load, a great and strange burden for the spirit to undertake. It is not easy. It is not a gift given, but a choice made, and the choice may be a hard one. The road goes upward toward the light; but the laden traveller may never reach the end of it.  - Ursula Le Guin

charby

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Re: ny referendum passes; now private casinos
« Reply #10 on: November 07, 2013, 10:18:25 PM »
No increase in bad checks, embezzling to pay gambling debts, etc  ???

Dunno, private casinos have been legal since 1991 in Iowa. Indian ones have been around a lot longer.
Iowa- 88% more livable that the rest of the US

Uranus is a gas giant.

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Scout26

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Re: ny referendum passes; now private casinos
« Reply #11 on: November 08, 2013, 02:32:36 AM »
About 40 years ago the state of Illinois proposed a Lottery that would fund the schools.  No more tax money from the state, and property taxes would be reduced because the Lottery would fund education.  

Then they expanded the lottery to include scratch-offs and daily games and more, all to help fund education.


Well, seems that all that lottery money was going into the general fund and kinda going everywhichway hither and yon, for all kinds of "good things".   Trust us.

So we need casinos and off track betting, that will spur economic development.    Well it put some fancy riverboats (which now never leave the dock) on the rivers with some fancy buildings right there pierside, but the businesses and tourist draws never quite materialized and these old river towns look more tired and run down then before.  Like an old whore with new lipstick.  It's garish and simply highlights the economic failure.

Now we've got video poker machines in bars to steal even more money from the people bad at math.  And they got a new casino just outside of Chicago in Rosemont/Des Plaines by O'Hare.  Like it's supposed to be a tourist destination.  

Meanwhile the Lottery got sold to private interests and the money somehow got lost in the couch cushions, property taxes are some of the highest in the nation, and and the D's are set to make permanent the "temporary" income tax increase they passed three years ago to balance the budget (The state is currently $9 billion behind on it's bills,  Not pensions.  BILLS from contractors and the like.   The good news is that instead of tackling the pressing fiscal and economic issues, the Legislature passed a Gay Marriage Act bill.)  

The Casinos aren't pulling in the money/suckers/customers like they projected.  So the state isn't getting the rake it expected.  (Hence the frequent and ongoing calls and approval of the expansion of gambling).

They produce nothing.   We need to get back to making stuff again.   But the state is content to take (as much) money from the people in anyway, shape or form it can.   In Illinois the state tax casinos at 50% of the Gross Revenue.   Yep, 50% right off the top.  That the state is literally stealing from it's citizens.  Yet, there is no outrage.

Increase in crime?  Not in or near the casinos.  High police and private security presence at ones I been to (Peoria, Aurora, Joliet, Metropolis).  Increase in .gov reliance.   I'm sure that some of the people sitting in there pulling the handles all day would be better served if that money went towards groceries, rent and utilities.  Perhaps even clothes and toys for their kids.   I'm sure marriages have been destroyed and families devastated because of the easy availability to gamble.    

« Last Edit: November 08, 2013, 09:17:41 PM by scout26 »
Some days even my lucky rocketship underpants won't help.


Bring me my Broadsword and a clear understanding.
Get up to the roundhouse on the cliff-top standing.
Take women and children and bed them down.
Bless with a hard heart those that stand with me.
Bless the women and children who firm our hands.
Put our backs to the north wind.
Hold fast by the river.
Sweet memories to drive us on,
for the motherland.

French G.

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Re: ny referendum passes; now private casinos
« Reply #12 on: November 08, 2013, 05:46:31 AM »
Dunno, I pay to go to decent ones. 40+ tables of poker usually suck me to West Virginia. And i know for a fact if internet poker was legalized and taxed i'd be a heavy investor. Tax that and legal weed and the basement dwelling wookies alone could pay for this country.
AKA Navy Joe   

I'm so contrarian that I didn't respond to the thread.

T.O.M.

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Re: ny referendum passes; now private casinos
« Reply #13 on: November 08, 2013, 09:07:04 AM »
Don't know about the other casinos, but the Columbus one has not seen any marked increase in crime.  Well, there have been some prosecutions of people for cheating, which get press attention. And, apparently there was quite the organized cheating scheme at the roulette wheel...

http://www.limaohio.com/news/news/431045/Crime-ring-digs-into-Ohio-casinos

Other than that, unremarkable.
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Tallpine

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Re: ny referendum passes; now private casinos
« Reply #14 on: November 08, 2013, 09:53:24 AM »
Montana casinos seem to be a favorite robbery target  =|
Freedom is a heavy load, a great and strange burden for the spirit to undertake. It is not easy. It is not a gift given, but a choice made, and the choice may be a hard one. The road goes upward toward the light; but the laden traveller may never reach the end of it.  - Ursula Le Guin