The gambling scene in America is
displaying fierce competition. Several states are looking upon casino
projects as their “messiah” to make their fortunes in troubled economic
times.
The state senate panel of Florida has approved a bill this month to build three casinos, one maybe in Miami.
In New York, thanks to Governor Andrew
Cuomo, the proposal for expanding casinos at the Aqueduct Racetrack
located in the borough of Queens has sent ripples of joy among racers
and gamblers. Also, a constitutional amendment to legalize gambling in
the state is in the pipeline.
In Illinois, lawmakers have proposed a casino in Chicago.
Massachusetts has a new law that allows a
maximum of three resort-style casinos and one slots parlor. Boston may
have one as well.
The Debate to Legalize Gambling Continues
America is reeling under the heated
debate of casino legalization. The argument rests on the ability of
casinos to create new jobs as well as tax revenues. Though some gambling
analysts don’t find any long-term financial stability from the casino
and gambling industry, states still want to dig their heels into the
“murk” of gambling to change the economy scene.
For the players who have won huge
fortunes through gambling, “murk” might not be an appropriate word to
describe the casino and gambling industry. It may be true that gambling
gives players an addiction, yet it’s not a murky deal. For many, it is
light at the end of the tunnel.
Will Las Vegas Lose Its Casino Dominance?
Hollywood flicks like What Happens in Vegas and The Hangover
add to the justification of legalizing the casino and gambling
industry. The irony is this: Both the movies are based on casino life of
the City of Sin—Las Vegas. Yet, with a series of proposals doing the
rounds across America, Las Vegas may have to gear up to keep pace with
the fast-brewing competition from other states.
Recent reports suggest fluctuating
business revenues generated from about 41 casinos along the Las Vegas
Strip. But, they were able to redeem that spark within 12 months.
Several industry experts and analysts
are of the view that mushrooming casinos across America may not hurt Las
Vegas’s gambling future as feared. For example, states like
Pennsylvania and Connecticut getting casinos may impact neighboring
states like Atlanta but not touch Las Vegas.
With a series of astounding changes in
the scenario of gambling in America, Las Vegas might have to work harder
to maintain its casino sheen, yet it may take a long time before other
states take the plunge into gambling and overshadow the City of Sin.
According to industry experts, feats
like building the biggest convention center in the country at a race
track might attract more tourists to New York. Yet, the biggest threat
to Las Vegas comes not from the changing gambling scenario of America
but from Hollywood making lesser movies about the glamor and night life
of this city.
It’s important to maintain the
“hangover” of gambling in the audience’s heads and continue to update
them with “what happens in Vegas!”
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