Shall we follow RI off the same cliff?

Carcieri orders 12 'shutdown days', municipal aid cuts

WOW! Weren't slots supposed to save Rhode Island?

PROVIDENCE, R.I. -- R.I. state government will shut down for a total of 12 days between now and next June to help close a massive budget hole, Governor Carcieri announced Monday afternoon. The governor also unveiled plans to withhold the final $32.5 million in quarterly reimbursements to cities and towns as compensation for reducing local car-tax levies.


State As Stakeholder ?


How then, Grogan asks, does a company like Twin Rivers go bankrupt?

Why, because it's largest stakeholder, THE STATE, did not help solve it's problems.

And it's all the State's fault. It's a bad Stakeholder.

Maybe Grogan's right.
.

But, just maybe, those who have spoken out about the true costs of gambling that go beyond the heavy burden of addiction to Predatory Gambling, and include the cost of Regulating, Enforcing, Prosecuting, and so much more are the ones who are right. Maybe that's why every state with expanded gambling is in worse shape than Massachusetts.

.

Maybe Massachusetts' leaders were wise not to jump hastily onto that bandwagon that has destroyed lives and budgets.

.

Time for a Blue Ribbon Commission?

State As Stakeholder

In case you missed some of the quotes from the gambling shills that Massachusetts will become a STAKEHOLDER in expanded gambling, my favorite nosey neighbor explains it all - here goes --

“The Commonwealth will become the biggest stakeholder in the 'gaming' business.”

And, as a stakeholder you will be asked to solve problems as they arise.

How then, Grogan asks, does a company like Twin Rivers go bankrupt? Why, because it's largest stakeholder, THE STATE, did not help solve it's problems.

And it's all the State's fault. It's a bad Stakeholder.

And, so, it should come as no surprise, that the cash-strapped State of Rhode Island, addicted to slot parlor revenues, promotes, supports, expands and genuflects to gambling revenues.

Slot income drops at Newport and Lincoln

What a surprise! So what do they do?

The rise also may be due to a recent

.

aggressive marketing campaign

.

the slot parlor launched as it gave away free-play vouchers and coupons for discounts on food and beverages, she [Diane Hurley, Newport Grand’s chief executive officer] said.


Newport Grand got permission from the state Lottery to give away $300,000 in free-play over a 90-day trial period.


The Newport slot parlor launched the new player rewards program in late June, after winning approval from state Lottery Director Gerald S. Aubin on May 19.

.

Professor Goodman explained that the state would move from being regulator to being promoter.

.

State as STAKEHOLDER? Oh? Managed like the Big Dig?

.

A Blue Ribbon Commission, appointed by the legislature would prove to you that Predatory Gambling causes expenses to exceed revenues.

.

Is that what they don't want you to know?