Casinos: Nothing but trouble
People expect casinos to revive cities that have lost other large employers (think Salem), but “that’s not what casinos do,” the project manager for a new casino near Philadelphia admitted. In Atlantic City, casinos are closing, revenues are down, and the promised economic revival did not happen. The city just got its first supermarket in six years.
“People who live close to a casino are twice as likely to become problem gamblers as people who live more than 10 miles away. As casinos have become more prevalent, so has problem gambling: In some states, the evidence suggests a tripling or even quadrupling of the number of problem gamblers,” Frum wrote.