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Foss: Increase In Casino Revenue Comes With Social Costs - Latest News

Potential stadium funding source -- a casino -- comes with many costs

These several studies indicate that a downtown casino could disproportionately burden the city's poor, increase felony crime and impose greater costs, not increased revenues ... concludes that the soc... read more

Economic benefits of casinos likely to outweigh costs

Each time casino legalization or expansion is considered, similar issues come up. Casino proponents argue that casinos will create tax revenues, jobs, and can push average wages higher. Opponents argu... read more

The high-low split of gambling cities

Even in Macau, there have been social costs. According to the AP, the country’s income gap has grown, property prices have risen and there’s been an increase in problem ... and that gambling revenue s... read more

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Council can unlock revenue source at Hard Rock casino, but it comes with a price

The city-imposed limit on gambling capacity at the site – a maximum of 1,250 slot machines and 21 table games – will almost certainly come up as Hard Rock works ... tables to the revamped casino would ... read more

Cook County allows video gambling in unincorporated areas

Gambling revenue from incorporated areas of Cook County is expected to bring in $2.1 million this fiscal year, which is an increase from ... will lead to increased social costs, including addiction an... read more

Monarch Casino & Resort - Know When To Hold 'Em

Monarch understands that differentiation in the casino industry comes ... in revenue and $11B in profits in 2016 (IBIS World). Over the next 5 years, we anticipate revenue growth to increase steadily ... read more

Letter: Say 'no' to Springfield casino

A casino is different from other businesses because of the social ... costs in the calculation. According to definitive academic studies, the socioeconomic costs of casinos are $3 or more for every $1 ... read more

Gambling revenues surge in Alberta, while province weighs online casino

“The money from video slots is addictive for governments, but they should also remember the large social cost ... increase its gambling offerings by creating an online casino like those run by eight o... read more

Groups rev up to fight gambling expansion in Florida

"It comes with a ton of social costs," he said. "You have to regulate it; you've got to increase costs for law enforcement ... that he doesn't want to see the state's budget tied to gambling revenues ... read more

Potential special session on roads not without pitfalls

But Perkins and others would argue the social costs of liquor and gambling to ... a means of raising revenue without raising taxes and therefore is attractive to many. However, a disproportionate shar... read more

Snap Inc.: The Next Shoe To Drop?

The Street currently projects 2Q18 revenues to come in ... about social media stocks following Facebook's and Twitter's signaling of tougher days ahead in the space. Source: E-Trade For short-term pla... read more

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