Casino's in KY

[leo42171]

BIG----in fact----HUGE difference. I place money into the stock market that I have ----- it is not mortgage money, grocery money, bill money. The majority of the gaming industry preys upon poor people on government assistance hoping to get rich quick . . . usually at the expense of their homes and family. BIG BIG BIG difference. It is not a positive for Kentucky for sure.

 

Wrong! Casinos don't want the person playing penny slots. They want the "Whales", the "High Rollers". That's where they make the money and that's who get the comps.

[Hasbeen]

I don't understand why you think we're only getting KY money. :confused:

 

Maybe I'm oversimplifying it. Here's my thinking.

 

Indiana has gaming. Ohio has gaming (I think). Indiana residents gamble in Indiana. Ohio residents gamble in Ohio. Kentucky residents gamble in Ohio and Indiana.

 

Kentucky gets gaming. Ohio and Indiana lose Kentucky patrons. Ohioans gamble in Ohio. Indianians gamble in Indiana. We gamble here. Nobody gets anyone elses money.

 

If Ohio does not have gaming or does not get it, then all above was a waste of time on my part. :irked:

[ladiesbballcoach]

Both. We're re-channeling our own funds back into the state, plus we're getting millions of tax dollars from the casinos. In addition, we're getting jobs and development that would otherwise locate just a matter of feet -- but effectively, a million miles -- away, in another state.

 

A good portion, but admittingly not all, of those tax dollars is not new money. It is moved away from movie theaters, restaurants, golf courses, etc, etc, other entertainment choices that the adults would have been patronizing that they are not now patronizing.

 

It is not new money that mysteriously appeared. Rather it is the same tax dollars just coming from a new source.

[IM4THEHOUNDS]

The point is why should Rocket and myself be denied the opportunity to spend our money at the casino just because some other poor sap is either too stupid or too irresponsible (or both) to know his own limitations and exercise self control and personal responsibility?

 

Because that "poor sap" probably has a wife and a house full of hungry kids. That to me is worth keeping it out of Kentucky and the temptation away from those who can't seem to exercise self control. If you have self control then good for you . . . you probably have the ability to drive out of state to ease your cravings.

[Birdsfan]

Never has and never will. It is a lie and a dupe used to draw in the masses trying to make and easy buck.

 

Spoken by a person who has never been to the town of Lawrenceburg.

[IM4THEHOUNDS]

Totally different. All of life is a gamble, even crossing the street. When I buy stock, I'm buying a part of a company. If I get enough shares, I begin getting a say in management. Even more shares and I get a controlling interest. In other words, I do own the company. To what extent depends on the amount of shares I own.

 

Exactly!:thumb:

[Jim Schue]

Its supply and demand. we dont need 500 casinos but about 2-3 at the start then may 6-10. automakers can go to mexico and make more $$$. how much $$ will a casino make in Mexico?? exactly. location location location!!!!

 

We also need a casino along Campbell County to pull some of the smoky mountain revenue & also possibly Paducah to pull the memphis & arkansas crowd.

 

How would a casino in Northern Kentucky draw in people from East Tennessee?

 

And w/re to Paducah, those folks in Memphis and Arkansas will definitely go to Tunica a half-hour away than driving 2 hours to Paducah. What a Paducah casino would undercut is the one in Metropolis, Ill., right across the river.

[Hasbeen]

Wrong! Casinos don't want the person playing penny slots.

 

 

Really?

[IM4THEHOUNDS]

very true but how many stockholders can control a company. It takes MEGA $$$$. Most buy shares & are along for the RIDE!!! SO, MOST are taking an educated GUESS about which business will succeed and make them $$$.

 

OR THEY ARE GAMBLING!!!

 

That's your opinion. I don't think so.

[Wireman]

Wrong! Casinos don't want the person playing penny slots. They want the "Whales", the "High Rollers". That's where they make the money and that's who get the comps.

 

I agree. They're not after food stamps. If you show up at a sportsbook to make $10 bets, they laugh at you. If you make $500 bets, well that's a different story. They're in it for the money, not to break up poor people.

 

I also have news for all naysayers - people that like to gamble are going to gamble whether its in Kentucky, Indiana, or off shores. Why not boost the Kentucky economy by taking the money in our own state?

[Birdsfan]

Maybe I'm oversimplifying it. Here's my thinking.

 

Indiana has gaming. Ohio has gaming (I think). Indiana residents gamble in Indiana. Ohio residents gamble in Ohio. Kentucky residents gamble in Ohio and Indiana.

 

Kentucky gets gaming. Ohio and Indiana lose Kentucky patrons. Ohioans gamble in Ohio. Indianians gamble in Indiana. We gamble here. Nobody gets anyone elses money.

 

If Ohio does not have gaming or does not get it, then all above was a waste of time on my part. :irked:

Ohio does not have gaming...YET.

[Birdsfan]

A good portion, but admittingly not all, of those tax dollars is not new money. It is moved away from movie theaters, restaurants, golf courses, etc, etc, other entertainment choices that the adults would have been patronizing that they are not now patronizing.

 

It is not new money that mysteriously appeared. Rather it is the same tax dollars just coming from a new source.

I don't think so. Much of it is money drawn away from huge corporations in Vegas and elsewhere.

[Jim Schue]

Because that "poor sap" probably has a wife and a house full of hungry kids. That to me is worth keeping it out of Kentucky and the temptation away from those who can't seem to exercise self control. If you have self control then good for you . . . you probably have the ability to drive out of state to ease your cravings.

 

Please don't paint me up to be some weak-willed goober who can't control himself.

 

And if you're that concerned about the well-being of the poor sap who can't control his "cravings" and the damage it does to his family, why don't you lobby for a tax increase to pay for Gambler's Anonymous programs in every county?

 

No, that go against your "conservative" leanings? Figured as much.

[IM4THEHOUNDS]

People in this state are going to have to learn how to take responsibility for their financial well-being, because gaming is coming to Kentucky. Just like the lottery, it is a tide that can't be stopped. And that is definitely a good thing in the grand scheme of things.

 

Let's face it, our border towns already have all the gambling they could ever want. It's here and it's relatively accessible. All we have to do is cross a bridge. But when we cross that bridge, we leave behind millions upon millions of tax dollars that build the fortunes of other states. All we want to do is move those existing facilities several hundred feet, to the side of the river, or the border that will pump all those dollars into our economy, our infrastructure, our schools, and our programs. If social ills are what you fear...they are already here. Moving the gaming facilities a short distance will neither add nor detract from any such negative aspects -- if any do really exist.

 

Gaming will come first in the form of slot machines at our tracks. They call them "racinos." From there, the full gaming facilities will be a natural next step. It's a sensible development that makes sense for a state that is surrounded by gaming facilities. Let's keep those dollars at home! :thumb:

 

Why can't the tide be stopped? I don't plan on ever giving it my support. I also believe that there are many others out there who will not either.

[leo42171]

Ohio does not have gaming...YET.

 

It seems like lately that Ohio is in the business of taking rights away, I don't think they will approve gamming any time soon!