Is Florida ready for more games of opportunity? A new commissioned study says, ‘Why not?’
Florida is already among the more states that are active it comes down to gambling. There are casinos, racetracks, and jai alai frontons, and many of the venues look likely to see slots coming to them in the near future. And that is ok, according to a new report that says such an expansion might have only a ‘minimal’ impact on the state from both an economic and perspective that is social.
Effect of Gambling Examined
That has been the biggest finding from a report by the Spectrum Gaming Group, a New Jersey-based research firm that performed the study on behalf of the Florida Legislature. The report cost $400,000 to finish, and was taken in an effort to weigh the impact that is potential costs of expanded gambling in the Sunshine State.
Based on the report, those effects could be small.
‘The expansion of casino gambling, whether on a scale that is small extremely large scale, would have, at best, a moderately positive impact on the state economy,’ the report stated.
That conclusion is not more likely to excite or infuriate anyone. But more interesting, perhaps, was information gleaned about Florida’s present gambling market.
In accordance with the report, the average gambler that is floridian about $866 each year on gambling. This is about 16per cent less compared to national average. Still, Florida residents account for about 93% of the $2.4 bil (more…)