Friday, October 31, 2014
You know what's really SPOOKY?
Lyn Horan
Casinos are projected to siphon nearly an additional $1 billion dollars out of the Massachusetts economy every year. That’s 1 billion dollars that normally is spent on local businesses, instead spent on casinos whose owners live out of town.
Now ask yourself these two questions:
1. Where is that $1 billion dollars a year being spent now?
2. What happens to those businesses and their employees, once it no longer is?
With these kind of losses to already established local businesses, they will start laying off employees, or closing down altogether. Are you ready to lose your job? Are you ready to see a loved one lose their job? Are you ready to watch your favorite local businesses close up shop?
This is the amount of additional money your neighbors will stop spending at nearby businesses, and start spending at the casinos. All calculations are based upon the Massachusetts Gaming Commission's own estimates.
This is how much money the businesses in YOUR city or town will lose to the casinos every year.
This is how casinos hurt existing businesses and their employees:
Agawam: $ 3,873,051
Amherst: $ 5,071,212
Boston: $ 88,476,702
Chicopee: $ 7,531,189
Easthampton: $ 2,152,573
Everett: $ 5,953,309
Greenfield: $ 2,567,439
Hadley: $ 703,981
Holyoke: $ 5,431,369
Long Meadow $ 2,149,667
Worcester: $ 24,899,099
Cambridge: $ 15,025,365
Lowell: $ 15,219,251
Northampton: $ 3,828,182
Revere: $ 7,414,437
Palmer: $ 1,653,380
Pelham: $ 177,135
Pittsfield: $ 6,465,620
Falmouth: $ 4,830,329
Revere: $ 7,414,437
South Hadley: $ 2,348,481
Springfield: $ 20,845,669
West Springfield: $ 3,866,650
Worcester $ 24,899,099
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment