Meetings & Information




*****************************
****************************************************
MUST READ:
GET THE FACTS!






Sunday, May 15, 2011

Maintaining casinos: a cost we can't afford

Maintaining casinos: a cost we can't afford


What is the threshold of financial sustainability of potential slot barn/casinos?

When is the onset of Internet gambling championed by Massachusetts' own Congressman Barney Frank going to be factored into the downgrade of proposed gambling revenues?

When is Beacon Hill going to conduct a transparent discussion of the costs and impacts of expanding predatory gambling by an industry that is and has been in decline?

Gov. Deval L. Patrick proposed $1 billion capital investments almost four years ago
and those revenues were proven to be wrong. The jobs numbers were wrong....as stated
by Spectrum Gaming in its report to him (2008).

Today's proposals are half the investment, and a fraction of the jobs with the only economic development being the building/construction phase.

The Economic Crime Bill that was touted by Attorney General Martha Coakley, key politicians and district attorneys as absolutely necessary before expanding gambling in the commonwealth disappeared!

We don't have the wiretapping, gang and money laundering laws or a regulatory structure for slots/full-scale casino gambling.

-Kathleen Conley Norbut, Monson

No comments: