November 8, 200718 yr I've been to several different riverboat casinos and never seen the people you speak of. I really believe that is just a scare tactic, drummed up by opponents of expanded gambling. It is a scare tactic but they're there. I've seen them. I personally know two people who lost everything gambling at the casinos. Saddest thing I've seen was in St Louis. Buddy and I stopped at a casino mid morning. The ramp outside was full of children waiting for their parents to come out. We couldn[t believe law enforcement wasn't there doing something about it. I would guess there were 30-40 kids in the 7-12 range.
November 8, 200718 yr Let the people of Ky vote Casinos either up or down . Personally I hope that the are in our future , they will mean more jobs and revenue for the state. Even a fool can see that . I agree on letting the vote happen. The level of jobs and revenue is what I question, and at what additional cost.
November 8, 200718 yr "Average Joes" should be responsible. we already have alcohol, lottery, bingo, horse racing and online gaming/betting so he has many vices to attract his money. So, why would casino's cause this great difference in our society.
November 8, 200718 yr It is a scare tactic but they're there. I've seen them. I personally know two people who lost everything gambling at the casinos. Saddest thing I've seen was in St Louis. Buddy and I stopped at a casino mid morning. The ramp outside was full of children waiting for their parents to come out. We couldn[t believe law enforcement wasn't there doing something about it. I would guess there were 30-40 kids in the 7-12 range. Are you sure you weren’t at the McDonalds Restaurant boat in front of the Arch? Or maybe their parents were working?:p:p
November 8, 200718 yr "Average Joes" should be responsible. we already have alcohol, lottery, bingo, horse racing and online gaming/betting so he has many vices to attract his money. So, why would casino's cause this great difference in our society. We already have alcohol, lottery, bingo, horse racing, online gaming/betting and soon to have casinos. Why not just complete the whole package and legalizing drugs in KY.:eek:
November 8, 200718 yr I agree on letting the vote happen. The level of jobs and revenue is what I question...With history as a guide, they would both be substantial.
November 8, 200718 yr With history as a guide, they would both be substantial. Disagree. It was substantial for the others cause they had no competition. Casinos in KY will have competition. It is like when the first fast food restaurant goes into a rural area. Profits are high. But when that 2nd one comes in they don't both make huge profits, rather split the profits that were there for the first one.
November 8, 200718 yr http://www.libraryindex.com/pages/1573/Casinos-Commercial-Casinos-INDIANA.html As stated in the Indiana Gaming Commission Annual Report, total admission and wagering taxes paid in fiscal year 2004 were $742 million. Total admission and wagering taxes paid from the inception of riverboat gambling in 1995 through 2004 were nearly $3.8 billion.
November 8, 200718 yr Disagree. It was substantial for the others cause they had no competition. Casinos in KY will have competition.Argosy....Belterra...Grand Victoria.... Sure sounds like competition to me. Whenever casinos are allowed in an area, of course there's going to be competition. No casino that I know of operates in an environment free from competition.
November 8, 200718 yr Argosy....Belterra...Grand Victoria.... Sure sounds like competition to me. Whenever casinos are allowed in an area, of course there's going to be competition. No casino that I know of operates in an environment free from competition. You are making MY POINT. When the KY casinos come in, they are NOT going to have the same impact in revenue that when the 3 above first came in. Reason being, they will have to compete AGAINST those 3 for those that want to throw their money away in hopes of getting rich quickly and easily.
November 8, 200718 yr You are making MY POINT. When the KY casinos come in, they are NOT going to have the same impact in revenue that when the 3 above first came in. Reason being, they will have to compete AGAINST those 3 for those that want to throw their money away in hopes of getting rich quickly and easily. From a person who gambles....It's not easy!:jump: I don't gamble to get rich, it's fun, it's entertainment and exciting.
November 8, 200718 yr You are making MY POINT. When the KY casinos come in, they are NOT going to have the same impact in revenue that when the 3 above first came in. No, I'm afraid I'm destroying your point. :lol: I've proven that, despite competition, these boats have thrived. Being closer to the metro core, it's only natural that these facilities will thrive -- to the detriment of the Indiana boats. In fact, I would not be surprised to see one or more of them move into KY once this comes to pass.
November 8, 200718 yr No, I'm afraid I'm destroying your point. :lol: I've proven that, despite competition, these boats have thrived. And it's only natural that, being closer to the metro core, these facilities will thrive -- to the detriment of the Indiana boats. In fact, I would not be surprised to see one or more of them move into KY once this comes to pass. Your point alluded to that historical, gambling sites make substantially high revenue. Do you expect a casino in NKY or Louisville to draw as much money as each of those casinos did when they first came in? If so, do you expect that to be new money that is not presently being spent at casinos? If not, do you think that the amount that they bring in will be less because customers might chose to long-term stay with the 3 you mention and not patronize the other establishments? Or are you saying that have 4 choices will not affect the revenue for the KY casino in the least? That customer choice will not have a role at all in choosing which casino to go to and somehow there is some group of people out there that presently don't go to a gambling establishment and that is the people the casino will be drawing from. What I am saying is take the money being presently spent on gambling in NKY, divide it by 4 and that will be close to what you will be getting. You WILL NOT get 100% of what the first casino brought in as you alluded too.
November 8, 200718 yr First of all, I "alluded" to nothing. Let's try again: The people that are going to the Indiana boats will now be going to the Kentucky boats. They will be joined by countless other folks who did not go to the Indiana boats. I don't know how to make it any simpler. Put it this way, if someone told me I was now the owner of KY's first riverboat gaming facility, I wouldn't be sweating my economic future.
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