Is Florida ready for more games of chance? A new commissioned study says, ‘Why not?’
Florida is currently one of many more states that are active it comes to gambling. There are casinos, racetracks, and jai alai frontons, and many among these venues appear likely to see slots coming to them in the future that is near. And that’s okay, in accordance with a fresh report that says such an expansion would have only a ‘minimal’ impact on their state from both an economic and social perspective.
Impact of Gambling Examined
Which was the biggest finding from a report by the Spectrum Gaming Group, a New Jersey-based research firm that performed the study with respect to the Florida Legislature. The report cost $400,000 to finish, and was taken in an effort to weigh the impact that is potential costs of expanded gambling into the Sunshine State.
In accordance with the report, those effects could be small.
‘The expansion of casino gambling, whether on a scale that is small really major, would have, at best, a moderately positive effect on the state economy,’ the report stated.
That conclusion is not more likely to excite or infuriate anyone. But more interesting, perhaps, was information gleaned about Florida’s present gambling market.
Based on the report, the average Floridian gambler spends about $866 per year on gambling. This is about 16per cent less compared to the national average. Still, Florida residents account for about 93% of the $2 Continue reading “Florida Gambling Study Gives Vague Answers”