6
The Benefits of Casino Gambling in California By: Austin Nash

Casino

Embed Size (px)

Citation preview

The Benefits of Casino Gamblingin California

By: Austin Nash

Economic Benefits

• Taxable Revenue–Help $20 Billion budget deficit, stop current

tax increases, Provide funding for schools, prisons, public works

• Economic Development – Large scale resorts, Restaurants,

Performance Theaters, Shops

Economic Benefit Cont.

• Thousands of wide ranging new Jobs – Casino/Hotel Managers, Card dealers, show

performers, Janitors, ect. • California money staying in California– Prevent gamblers from spending their money in

Nevada casinos• Increased Tourism – New resorts will attract out of state guest to

spend their money in California restaurants, shops, ect.

Entertainment/Social Benefit • Americans love to gamble– Nevada has 75 Million casino visitors every year– 90% of people believe gambling is harmless fun

• Only a few can not gamble responsible– 99.4% of Nevada's gamblers are responsible

• Casino Industry will provide assistance to problem gamblers– Harrah’s provides free consoling, a hotline, and

many other services to help and prevent problem gamblers

Two successful forms of gambling in California today

• Indian Casinos – Have become very popular and successful

• $10 Billion industry in California alone• Less government subsidies needed to keep reservations out

of poverty

• Lotteries – Since legalized in 1984 they have allowed government

to keep taxes lower• $25 Billion been given to public education from lottery ticket

sales alone

Overview• The legalization of casino style gambling in

California will provide a much need economic boost, thousands of jobs, and billions in taxable revenue.

What other options do you have?

Thank you for your time