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Sunday, April 22, 2012

In Scott Farmelant's own words....


The Kraft/Wynn Slot Barn Cheerleader, Scott Farmelant offered these comments --

Illinois loses $6.7 million to casinos each year which otherwise would have been spent on local businesses. The sum does not include regulatory and infrastructure costs, or social costs.

In addition, the study found that areas closest to casinos suffered the most. The study also determined that riverboat casinos do not promote tourism, noting that 84 percent of Illinois gamblers live in-state. By comparison, Las Vegas attracts 85 percent of its gamblers from out-of-state.

Casinos: A Bad Bet
November 7–14, 1996

The League of Women Voters of Philadelphia (LWV) and Coalition of Philadelphia Neighborhood Associations (CPNA) will co-sponsor a Nov. 16 lecture on riverboat gambling. The mid-morning lecture will not tout floating casinos.

Terrence Brunner, director of the Better Government Association of Chicago, will deliver the main speech after an introduction by Inquirer columnist David Boldt. Brunner's group recently commissioned an economic impact report on riverboat casinos in Illinois which bashed casino gaming.

During their yearlong study, professors William N. Thompson and Ricardo C. Gazel of the University of Nevada, Las Vegas found that Illinois loses $6.7 million to casinos each year which otherwise would have been spent on local businesses. The sum does not include regulatory and infrastructure costs, or social costs.

In addition, the study found that areas closest to casinos suffered the most. The study also determined that riverboat casinos do not promote tourism, noting that 84 percent of Illinois gamblers live in-state. By comparison, Las Vegas attracts 85 percent of its gamblers from out-of-state.

Brunner's report is significant because Mayor Ed Rendell has long praised riverboat gaming as a potential cure for Philly's intractable economic woes. Rendell has also said that casinos would boost tourism and Convention Center business. On the Rendell front, Mayoral Deputy Chief of Staff Ted Beitchman reports that a long-awaited economic impact study of casinos commissioned by the Rendell administration is still not ready. Beitchman says the report, originally promised for release this past winter, won't be made public until a transportation component is finished.

"We still don't have a date," Beitchman says.

The LWV/CPNA event takes place at the Ethical Society, 1906 Rittenhouse Square, starting at 10:30 a.m. Reservations can be made by calling the LWV at 977-9488, or by writing to the LWV at 1617 JFK Boulevard, Philadelphia, 19103-1809.

— Scott Farmelant

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