Is Florida ready for more games of chance? A new commissioned study says, ‘Why not?’
Florida is currently one of many more states that are active it comes down to gambling. There are casinos, racetracks, and jai alai frontons, and many of those venues look likely to see slots arriving at them in the near future. And that’s ok, based on a brand new report that says such an expansion could have only a ‘minimal’ impact on hawaii from both an economic and perspective that is social.
Impact of Gambling Examined
Which was the finding that is biggest from a report by the Spectrum Gaming Group, a New Jersey-based research firm that performed the study with respect to the Florida Legislature. The report cost $400,000 to complete, and was taken in an effort to weigh the impact that is potential costs of expanded gambling in the Sunshine State.
In accordance with the report, those impacts could be small.
‘The expansion of casino gambling, whether on a tiny scale or 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 anybody. But more interesting, perhaps, was information gleaned about Florida’s present gambling market.
According to the report, the average Floridian gambler spends about $866 each year on gambling. This is all about 16% less compared to the national average. Still, Florida residents account for about 93% of the Continue Reading