Casino Gambling Issue in Florida

In theory, generating state tax income from casino gambling is a way to raise revenues for poverty-stricken state and local presidential terms without raising taxes. From the perspective of increasing government revenues, it is hard to argue persuasively against expanded gambling. However, there is a social cost of gambling that must be considered in each decision about whether or not to legitimatize casino flair gambling in Florida. Casino style gambling would increase crime rates, increase gambling addiction, and wrongfulness Florida's reputation as a family friendly vacation destination.

agree to the Kentucky Youth Advocates website, in studies of casino gambling in manuscript the amount of money gambled generally increases as income increases, but at a reduced rate. This means that poorer residents and visitors tend to spend a proportionately higher percent of their income in casinos. Thus, as a source of state tax revenue, casino gambling could be considered a regressive form of revenue generation for the State, in other words, a tax on the poor ("expand Gambling in Kentucky: A smart bet for our kids?" Online).

Pamela perforate notes that gambling is a $600 billion dollar industry in the United States. Some people see it as a dangerous and risky form of recreation; others view it as an excellent and appropriate source of revenue. Many states are looking at for ways to generate revenue for funding police, fire

According Holland, the recent vote approving one-armed bandit machines gives Florida's Native Americans significant leverage in bringing one-armed bandit machines, craps, blackjack and other Las Vegas-style gambling to their casinos.

Holland explains that federal regulators are demanding Florida hash out in good faith with the tribes. If it does not, the Secretary of the Interior could eventually settle the matter unilaterally by approving any form of looseness the Indian casinos want to offer ("Tribes to kick upstairs for full range of casino gambling" Online).

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According to limen and James, the stakes for the gambling industry in Florida remain huge. In November, voters approved a measure to amend the state nature to allow Miami-Dade and Broward county residents to vote on the issue of whether slot machines would be permitted in locations such as dog tracks and horse belt along tracks at which gambling is already legal. Broward County residents approved the referendum. Proponents argue that allowing Las Vegas-style slot machines in the existing casinos will generate up to $500-million each year for schools statewide, creating as many as 18,000 jobs and stimulate economic development. The gaming industry has promised to give schools at least
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