Casinos, Gambling and Gaming in KY

[75center]

I'm all for sin. I'm good with bringing in casinos and sports books as well as higher taxes for cigarettes and alcohol. Also for legalizing marijuana and taxing it.

[PurplePride92]

I'm all for sin. I'm good with bringing in casinos and sports books as well as higher taxes for cigarettes and alcohol. Also for legalizing marijuana and taxing it.

 

This is me. It just seems like the opportunity to bring more money into the state is sitting right in front of us but horse money won’t let it happen. There’s plenty of room for both of them. If anything, a casino could boost gambling on horses.

[HammerTime]

This is me. It just seems like the opportunity to bring more money into the state is sitting right in front of us but horse money won’t let it happen. There’s plenty of room for both of them. If anything, a casino could boost gambling on horses.

 

Agreed, you get me a nice casino with a sports book and I would bet on the ponies at the same time. When I was in Vegas we bet on the ponies while at the sports book.

[rockmom]

I also want to say that, despite the fear of creating new problem gamers, that shouldn't really be the fear. If it were that easy, casinos all over would not be fighting to attract and keep what are essentially the same pool of gamers. Everyone thinks gamers are loyal to casinos. Gamers are loyal only to themselves. They will go where they think they get the most for their money.

[rjs4470]

This is me. It just seems like the opportunity to bring more money into the state is sitting right in front of us but horse money won’t let it happen. There’s plenty of room for both of them. If anything, a casino could boost gambling on horses.

 

No doubt. Again, the horse racing industry was just about dead in my home state in the early 90's. They turned the three horse racing tracks into casinos with horse racing tracks in the mid 90's, funneled some of the profits back to the racing industry in the form of subsidies and higher purses, and everybody walked away a winner....at least initially. Now that competition is more intense and the market is reaching saturation point, the onerous taxes on the casino industry led the state to bailing them out with a grant about 5 years ago. So casinos aren't a sure thing. But there's certainly enough meat on the bone for both sides to win.

[TheDeuce]

The reason I'm more open to it than I used to be is that I've come to believe that if you're low-income and blow your money on gambling, then oh well.

 

This was going to be my response. While people who are poor may be poor for reasons they cannot control, they can control how the spend the money they do have. If they aren't spending "extra" money at a casino, they'll be spending it on cigarettes and booze.

[TheDeuce]

This is me. It just seems like the opportunity to bring more money into the state is sitting right in front of us but horse money won’t let it happen. There’s plenty of room for both of them. If anything, a casino could boost gambling on horses.

 

A casino at Churchill Downs the week of Derby... How many MILLIONS will that week alone bring in?

[PurplePride92]

A casino at Churchill Downs the week of Derby... How many MILLIONS will that week alone bring in?

 

Maaaaaaaaaaannnnnn.

[theguru]

I'm all for sin. I'm good with bringing in casinos and sports books as well as higher taxes for cigarettes and alcohol. Also for legalizing marijuana and taxing it.

 

This is me. It just seems like the opportunity to bring more money into the state is sitting right in front of us but horse money won’t let it happen. There’s plenty of room for both of them. If anything, a casino could boost gambling on horses.

 

Agreed, you get me a nice casino with a sports book and I would bet on the ponies at the same time. When I was in Vegas we bet on the ponies while at the sports book.

 

Yes! Yes! Yes!

[rockmom]

Maaaaaaaaaaannnnnn.

 

I could hazard a guess. I bet it would be close to what we make in a quarter. LOL

[LIPTON BASH]

I believe in freedom of personal choices. So I am 100% in favor. Just don't do the dumb racinos that Ohio put in at horse tracks. If you are going to do it, make it full blown with table games. Racinos are just sad places.

 

Having said that I also agree that expanding gaming without a doubt hurts the poor community the most. But that is their choice and it isn't the governments job to be their babysitter. The government obviously doesn't care because those same people are the ones playing scratch off and the lottery the most.

[Randy Parker]

Having said that I also agree that expanding gaming without a doubt hurts the poor community the most. But that is their choice and it isn't the governments job to be their babysitter.

 

Which is where I'm coming from. I'm hesitant to support it because it hurts the poor, which in turn will eventually hurt the tax payer because some insist we should babysit.

[Jack of all Trades]

The horse industry DID not prevent expanded gambling. They only requested that the casinos be built in conjunction with the individual racetracks. In other words, do not build a casino in Newport and have the racetrack in Florence. The horse industry has actually pushed this thing for quite some time and all of those in the Bible belt did not and do not want it.

[rockmom]

Which is where I'm coming from. I'm hesitant to support it because it hurts the poor, which in turn will eventually hurt the tax payer because some insist we should babysit.

 

I'm sorry, but this is not logical. If people are gamblers they will gamble whether legal or illegal. It also denies that jobs are created when casino gaming is allowed. And the number of jobs should be significant, and most are pretty well paid, especially in table games. And it brings in significant professional jobs for accountants marketing individuals. If done to benefit each individual region, there can be significant tax revenues for LDs as well. Then there are the jobs created to service the casino in F&B and the like. If a hotel exists in conjunction to the casino, that brings another revenue base, including tourism taxes on room nights. Increased jobs, not as well paying as the casino, but steady jobs. And increased vendor servicing. If a casino could bring 2-300 jobs to an area, and a hotel could bring another 1-300, how could that not benefit the greater good?

[Randy Parker]

I'm sorry, but this is not logical. If people are gamblers they will gamble whether legal or illegal. It also denies that jobs are created when casino gaming is allowed. And the number of jobs should be significant, and most are pretty well paid, especially in table games. And it brings in significant professional jobs for accountants marketing individuals. If done to benefit each individual region, there can be significant tax revenues for LDs as well. Then there are the jobs created to service the casino in F&B and the like. If a hotel exists in conjunction to the casino, that brings another revenue base, including tourism taxes on room nights. Increased jobs, not as well paying as the casino, but steady jobs. And increased vendor servicing. If a casino could bring 2-300 jobs to an area, and a hotel could bring another 1-300, how could that not benefit the greater good?

 

It's not logical that poor people get poorer, and thereby require government assistance for longer and longer?