The graphic below illustrates the consistently overstated projections by the Gambling Industry.
Please note that this only considers REVENUES and not the wild projections about JOB CREATION.
If the 'experts' or the Gambling Industry were penalized for the overstated projections, how fast do you think their projections would become more honest?
They've done much the same in Massachusetts where lawmakers wave the phony numbers as if they're real when any not so bright person [like myself] can easily refute them. In Massachusetts, those overstated projections, based on flawed assumptions, were generated by Spectrum and Clyde Barrow, among others.
“Stateline is a nonpartisan, nonprofit news service of the Pew Center on the States that provides daily reporting and analysis on trends in state policy.”
http://www.pewstates.org/projects/stateline/headlines/infographic-have-gambling-investments-paid-off-85899375402
Infographic: Have Gambling
Investments Paid Off?
By Mary Mahling, Special to Stateline; Ben Wieder, Staff Writer
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