One only had to consider comparisons from the AGA's [American Gaming Association] web site.
These words from former Attorney General Scott Harshbarger and Gov. Michael Dukakis:
After jobs, the argument for casinos is that they provide a new state revenue stream. But the numbers don’t add up.
Commonwealth Magazine reported that in order to reach the revenue estimates when the bill was unveiled — of between $1.4 billion and $1.9 billion — somewhere between $5.6 billion and $7.2 billion must be bet and lost at the two proposed casinos every year.
In Las Vegas, it takes 266 casinos to bring in $11.6 billion in gross revenue, which translates into $924 million in tax revenue. Even the $300 million to $600 million now estimated here is a stretch based on that data.
To read the article in its entirety:
What’s the big hurry?
The projections are deliberately OVERSTATED to sell PREDATORY GAMBLING to voters and to dazzle elected officials.