Is Florida ready for more games of chance? A new commissioned study says, ‘Why not?’
Florida is already one of the more active states when it comes down to gambling. There are casinos, racetracks, and jai alai frontons, and many among these venues appear most likely to see slots coming to them in the not too distant future. And that’s okay, according to a fresh report that says such an expansion might have only a ‘minimal’ impact on their state from both an economic and perspective that is social.
Impact of Gambling Examined
Which was the finding that is biggest from a report by the Spectrum Gaming Group, a fresh Jersey-based research firm that performed the analysis with respect to the Florida Legislature. The report cost $400,000 to finish, and was taken in an effort to weigh the potential effect and costs of expanded gambling in the Sunshine State.
According to the report, those effects will be little.
‘The expansion of casino gambling, whether on a scale that is small extremely large scale, would have, at best, a moderately positive effect on the state economy,’ the report stated.
That conclusion is not more likely to excite or infuriate anyone. But more interesting, perhaps, was information gleaned about Florida’s current gambling market.
According to the report, the average gambler that is floridian about $866 per year on gambling. This is approximately 16per cent less compared to national average. Still, Florida residents accou Continue reading →