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Economic Rebirth or Social Suicide Any mention of Las Vegas conjures up images of glitzy casinos with flashy neon facades a city built by gangsters to feast upon the hopes of reckless tourists Now Las Vegas is losing its singular claim to fame State by state the gambling industry has finagled its self to the brink of national prominence Five years ago the only legalized gambling casinos were in Las Vegas and Atlantic City 22 states currently have one or more Casino promoters clever accountants and smooth talking public relations experts deliver the great news of untold benefits to the community economic revival reconstruction of a downtown area and slashed unemployment rates These are just a few of the enticements promised to local governments by the Gambling industry when it sets its sights on a location for new development Casino proponents and politicians eager to pad their tax base emphasize the multiplier effect new jobs that inject money into the local economy and new money means new businesses that will spur further economic growth Has the community asked why would a gaming company invest upwards of 300 million dollars in this town There are definite answers to these questions Gambling proponents point out there are very few industries that can have such an immediate impact on a community Casino giant Resorts International conducted an economic impact study during the 1980s when Louisiana was debating the legalization of gambling This study predicted a huge influx of tourists the creation of 69000 jobs and a 43 billion-dollar industry that would provide the city with a substantial increase in revenue The owners of the Casino Queen a riverboat casino in East St Louis Illinois point out that gambling taxes paid by the boat funded a new Police station the hiring of 22 police officers and the purchase of 13 police cars Richter 3 New Jersey casino supporters boast that between 1977 and 1992 employment in the service industry
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