Saturday, November 24, 2007

Truth to Vegas

It looks like things aren't all glitter in tinsle town.

MGM Mirage and Chief Executive Officer Terry Lanni told the gathering at the Nevada Development Authority's annual luncheon that,

Nevada's economy is in disarray because the tax structure,
which relies heavily on gaming and sales taxes, is broken.

http://www.lvbusinesspress.com/articles/2007/11/23/news/iq_18027972.txt

Flip that coin and we find the Adminstration has submitted legislation to allow casinos in Massachusetts to fix the problems created by inadequate tax and spending policies in the Commonwealth.

When I was a teenager my mother used to say to me, "you're a smart girl but you don't have any common sense." She considered common sense a highly desirable virtue. With gray hairs some of us do obtain a measure of common sense. It appears evident that the global and regional competition for casino build-out will reach market saturation. This is a hint that Massachusetts would be better to stay out of the game of implosion and explosion of an industry that is insatiable.

Revel casino in Atlantic City received approval this week to build a 2 Billion dollar enterprise on the Boardwalk as part of the recently launched concerted effort to pull-back the New England market to it's gambling roots in pristine, virtuous Atlantic City.

Thursday, November 22, 2007

Giving Thanks

That we live in a society that still has a enough freedoms available to citizens to voice our opinions. Those freedoms are worth protecting with the mighty pen, and keystrokes.
Blessings to all, blog-on.

Tuesday, November 13, 2007

Palmer anti-casino standout

Several local anti-casino activists held signs and spoke with members of the Massachusetts Democratic State Committee as it met this evening at Pathfinder Regional Vocational Technical High School in Palmer.

The response from many DSC members was positive with members from various communities throughout the Commonwealth including Stoughton, Framingham, Gloucester, Amherst and Wales expressing opposition to casinos in Massachusetts.

As people learn more about the negative impacts of casinos, concern is growing locally and statewide. The impact area is a 50 mile radius from a proposed casino site.

"NORC (National Opinion Research Center)found that the presence of a gambling facility within 50 miles roughly doubles the prevalence of problem and
pathological gamblers."

This leaves few communities that would not be negatively affected by the Adminstration's casino bill. For more information see, The National Gambling Impact Study Commission http://govinfo.library.unt.edu/ngisc/reports/fullrpt.html