Is Florida ready for more games of opportunity? A new commissioned study says, ‘Why not?’
Florida is currently among the more states that are active it comes to gambling. There are casinos, racetracks, and jai alai frontons, and many of these venues appear likely to see slot machines visiting them in the not too distant future. And that’s okay, according to a brand new report that says such an expansion could have only a ‘minimal’ impact on the state from both an economic and social viewpoint.
Impact of Gambling Examined
That was the biggest finding from a report by the Spectrum Gaming Group, a fresh Jersey-based research firm that performed the study with respect to the Florida Legislature. The report cost $400,000 to finish, and was taken so as to weigh the impact that is potential costs of expanded gambling within the Sunshine State.
According to the report, those impacts is tiny.
‘The expansion of casino gambling, whether on a tiny scale or very large scale, would have, at best, a moderately positive affect the state economy,’ the report stated.
That conclusion isn’t likely to excite or infuriate anybody. But more interesting, perhaps, was information gleaned about Florida’s current gambling market.
Based on the report, the average Floridian gambler spends about $866 each year on gambling. This is approximately 16per cent less compared to the average that is national. Still, Florida residents account for about 93% of the $2.4 bil Continue reading “Florida Gambling Study Gives Vague Answers”