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Casinos - School Essays

Casinos

have become a large part of cities' economy and hundreds of
thousands of people's lives. are exciting for many people who feel they
have a chance to win it big. Because so much money is flowing into , the
local business are being affected. Most are not thriving with the new tourism
and the seemingly revived economy. In 1994 more people made the trip to a casino
then to a ball park (Popkin). The casinos are attracting so much of American's
dollars that they spent less on books, music albums and attractions (Reed).
The people are spending less money outside of the casino. Which is not
helping the vast majority of local businesses. This is what is most often
overlooked by the city. ...

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of restaurants
was reduced from 243 to 146. By providing everything a person needs, the
casinos are designed to keep people inside. The truth is casinos drain money
out of an area into a far away bank account, most often never going back into
the community. Casino revenues may look good on paper to the average person, and
to politicians who are constantly being pushed to gain more revenue. In reality
they are almost a nightmare to the small locally owned businesses. Jobs are one
of the main reasons for the growth of casinos.
Across the continent casinos have created tens of thousands of jobs for
unemployed people (Clines). Indian casinos in Minnesota have created
approximately 5,000 jobs. Between 1975 and 1992 employment in Atlantic City's
service industry grew 608 percent, a significant part of this came from casinos
which created 95 percent of the new jobs. The casinos increased construction
jobs ninety three percent, and created 600 new transportation jobs (Reed). ...

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PAPER DETAILS

Added: 1/7/2004 05:38:35 PM
Category: Economics
Type: Free Paper
Words: 554
Pages: 3

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