Riverboat gambling

n dry land has not gained the wide approval of gambling on water.
             Some experts believe gambling is cyclical, (Hansen, Seacord, 1991). Professor of law at Whittier College, I. Nelson Rose, predicts state operated gambling will encounter a mass of scandal. Public dismay will then mandate outlawing gambling once again. If history repeats itself, gambling will once again be viewed by the public as an unacceptable act. The state will then have to find a new source of revenue or hope people will support paying higher taxes in place of the loss in gambling revenues.
             Revenues from gambling are variable, meaning one year revenues may be up, but the next year revenues might be down. One reason for its variability is that it is not recession-proof. Riverboat gambling could suffer significant loses in revenue during economic downturns. In the down years states may have to cut spending to make up the difference. More importantly, this shows that states can not depend on this money when t
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Riverboat gambling. (2000, January 01). In MegaEssays.com. Retrieved 19:35, September 17, 2026, from https://www.megaessays.com/viewpaper/56027.html