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Posts Tagged ‘legalizing’

There are presently thirteen states that have legalized betting and they have over 450 casinos between those states, and they bring in 72 bln bucks a year. In the last ten years there have also been a giant number of Indian casinos being granted licenses in states that don’t have legalized betting, meaning the only place t bet in those states is in the Indian Casino, and they don’t pay taxes on that money.

Many states are awakening and realizing that there’s an extraordinarily moneymaking business out there that they don’t seem to be getting any revenue from, and not only does it bring cash into the state it also creates thousands of roles for each casino that opens. So for a state with a high jobless rate this implies more folks are working and less of the stats cash must be spent on these people, again a win for the state and the folks. It also implies additional money for the state to feed youngsters a hot meal at lunch and the money to put new books in the school rooms and perhaps to build more colleges.

Legalized betting besides bringing in extra money to the executive in taxes also brings cash into the community gamblers will use services like hotels, eateries and other local attractions while they are in the area. One more reason why many states are pushing to make betting legal is to try and wipe out the illegal betting business. Many of us feel that if betting is legalized there’s no reason for folks to go to sleazy and threatening back room casinos.

These sort of places are becoming tougher for the police to find and as fast as they do find them, they may either pack up and change locations or another will just take their place. In several cases police have raided illegal casinos and discovered that all of the table and card games are rigged for the casino to win, and if this is ever discovered the casinos operators have during the past committed murder to keep their systems, and the majority fret about their lives and refuse to cooperate with the police. Don’t let all of this make you believe that betting has no drawback. Lots of this money has to go to treatment for folks, who develop betting obsessions, and most towns with a casino do sometimes see a rise in crime in those areas, so more law enforcement officials are not only a luxury it’s a prerequisite.