Riverboat gambling
Policy-makers are assessing the advice from Kenny Rogers, "You got to know when to hold 'um, know when to fold 'um, know when to walk away and when to run." They are trying their hand at new and old forms of gambling in the hopes of generating additional revenues. One of the revitalized ideas of the past is to legalize gambling on historic riverboat replicas. Yet riverboat gambling won't be restricted to the Mississippi, but will appear in towns like Gary, Indiana and even our own Jefferson City. Even New Mexico has explored a proposal to float a casino on a dammed section of the Rio Grande. These ideas demonstrate policy-makers attempts to satisfy taxpayers revolt while maintaining the need for increased revenues. Riverboat casinos are on the minds of policy-makers and citizens alike. This policy has passed through the Missouri legislature; and voters passed the idea by a large margin in a statewide referendum. Soon people will be boarding these vessels resembling historic steamboats of the past in the hopes of winning a return on their investment. By state statute this could mean as many as 20 riverboat casinos floating Missouri's waters. At least seven river
The public views the lottery as a means of supporting education. More importantly, this shows that states can not depend on this money when they need it the most, during hard times. Iowa legislatures, prompted by the farm crisis of the 1980s, were first in discovering riverboat gambling as a resource to stimulate growth, (Greenberg, 1991). For many gamblers this is a small investment on their chance of winning sizable profits. Even though the amount of revenue generated by state sponsored gambling is small it is foolhardy to rely on unstable sources of income in place of taxes. In fact, the odds of becoming rich from simple hard work is greater than winning it big in state lotteries or on riverboat casinos. First, it is important to discuss the origins of casino gambling and how it gained its recent acceptance among the public. Legislators all across the Midwest may find themselves under a great deal of pressure to lift regulations in order to remain competitive. In the down years states may have to cut spending to make up the difference. This could easily be changed by upping the amount of casino space to 50 percent rather than the current 30 percent, (Guskind, 1991). Riverboat gambling is spreading just like the lotteries did during the 1980s. This has had a domino effect on states all across the nation. , "National Lotteries: A Housing Shortage Solution?", in Journal of Housing, (September/October 1989).
Common topics in this essay:
Nelson Rose,
Rio Grande,
Alton Belle,
Evaluation Procedures,
Hansen Seacord,
Denny Jacobs,
South Dakota,
Louisiana Missouri,
Atlantic City,
Kenny Rogers,
riverboat gambling,
riverboat casinos,
sponsored gambling,
casino gambling,
atlantic city,
guskind 1991,
lower income,
weiss 1991,
lower classes,
south dakota,
society may/june 1992,
middle upper income,
casinos dry land,
karcher alan lotteries,
1991 riverboat gambling,
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Acceptance Essays
