Should Texas Legalize Casino Style Gambling To Enhance State Revenue

Legalize Gambling In Texas

  1. Should Texas Legalize Casino Style Gambling To Enhance State Revenue Code
  2. Should Texas Legalize Casino Style Gambling To Enhance State Revenue Act
  3. Should Texas Legalize Casino Style Gambling To Enhance State Revenue Online
  4. Should Texas Legalize Casino Style Gambling To Enhance State Revenue 2017

Furthermore, Montana code, Section 23 identifies online gambling as one of the forms of gambling that could qualify as an illegal gambling enterprise. Even worse, the current regulations treat every electronic device as an illegal gambling device once it’s been used for gambling purposes.

INTRODUCTION:

Legalize Gambling In Texas
Legalize

We have heard of stories where one pilot won lottery twice in a row. We have also heard of stories of greenhorn gamblers winning a thousand U.S. dollars worth in a one night casino stand. There are many advantages and disadvantages of setting up gambling joints. The following paragraphs discusses in detail the advantages and disadvantages of setting up a gambling joint.

  • Sports betting will be a new source of revenue for casinos as well as a way to entice new customers into the casino, Decree said. High foot traffic during major sporting events could encourage traditional gambling, noted David Katz, an analyst who covers gaming for Jefferies.
  • If there is one sure bet Californians can make now that the Supreme Court has cleared the way for legalized sports gambling. New revenue stream. Full casino-style gaming in the state.

BODY:

The article Gambling Industry Wins Big – social impact of gambling(Price, 1999)

Showed that our nation’s gigantic growth of the gambling industry has resulted as an dominant and segregating force in American politics, even as the arguments of both side of the gambling issue strengthens about how legitimized gambling influences and even changes the pervading culture and society.

Evidently, there were only two states that twenty years ago that permitted similar gambling activities. But today, there are only three states that disallow gambling in their community. As proof, Two GOP governors with names of David Beasley in South Carolina and Fob James Jr.

in Alabama had been booted out of their job Last November because they rallied against for the lotteries and other kinds of wagering.

Many people think that gambling is an incurable cure to be given utmost care and time. Whereas, others think that gambling will be a legitimate business that must be given full support or an uncontrollable cancer. Gambling has divided the Republicans and Democrats into half. Research shows that Americans put to chance more than $600 billion annually in legal gambling operations. This represents an amount that is estimated to be $100 billion more than the average American budgets for food, according to industry figures and data from the Department of Commerce. In fact, the gambling industry’s gross revenues totaled nearly $51 billion, up from $10.4 billion only 15 years. Furthermore, the Council on Compulsive Gambling of New Jersey projects that the betting on Super Bowl XXXIII last month may have reached $4 billion, not counting side bets and office pools.

Furthermore, social conservative James Dobson, head of Colorado Springs-based Focus on the family ministry argues.”The epidemic that is sweeping the nation reflects the enormous power and influence that is held by the gambling kingpins” “Because of their unlimited financial resources … they can influence elections dramatically and entice political leaders to obey many of their wishes.

Should texas legalize casino style gambling to enhance state revenue center

Gambling makes money, It will make a big dent in terms of impacting Texas needs, i.e. education, shortfall, and health insurance for the uninsured. Many people want to set up gambling joints because they believe there is money in gambling. Statistically, there is more probability that a person will lose money than if a person will win money. If gambling will be allowed, then gambling money can be used to set up schools, contribute to the improvement of the state’s roads, infrastructure, pay for shortfalls and insure some of the citizens. Gambling will also help give employment to show girls/boys, waiters, card dealers, gambling employees and others. There are many studies of gambling in Las Vegas, Atlantic City including the Mississippi River where River Boats park. And, gambling is legal on boats on the water but, not on the land so gambling is on party boats that float in the river but, don’t move. Also, many states around Texas, OK, NM, and LA gladly take Texas money and gambling efforts. Gambling cities do make dollars in terms of taxes generated. These additional taxes will be used to build the roads, bridges and public facilities. Also, these will be used to build school buildings and other

It is also correct to assume that many people prefer to set up a gambling joint because there is money in gambling that will help fund the needs of Texas, set up education, pay shortfalls and provide for health insurance. .

Many persons are opposed to the setting up of gambling joints for its bad influence. Putting up a gambling joint cost money. Also, crime does go up and welfare Transients to go the gambling towns. Furthermore, social crimes increase which include robbery, prostitution, alcoholism, illegal drugs and indebtedness. For emphasis, in the article If the government wants to stimulate the economy, it should outlaw gambling, a legal policy expert told a gathering of antigambling activists in the Christian Century Journal stated that the government should forbid gambling according to a the expert opinion of legal consultant as he spoke in a gathering of antigambling activists. For emphasis, John Kindt reiterated, professor of commerce and legal policy at the University of Illinois reiterated that “Gambling is a catalyst for economic downturn,”

John Kindt proposed that gambling be made a criminal offense in order fro the 401(k) to return. This band will then divert the gambling investments into consumer spending. He further stated that in his speech in the annual meeting of the National Coalition Against Legalized Gambling and National Coalition Against Gambling Expansion last

September 27-29 in Arlington, Texas. As proof, John Kindt cited a 1999 report of the U.S. Gambling Commission connecting the increase of legalized gambling with the increase in addiction, bankruptcies and criminality. Consequently, the commission further advocated a suspension on gambling expansion and also the prohibition of “convenience gambling” such as video-gambling machines in stores. These persons are right in opposing the setting up of gambling joints for there more net losses than net gains in gambling

There are many variables to consider whether to allow gambling joints in Texas State. For, the opportunity cost of gambling is that, the funds that will be use to set up gambling centers would have been used for setting up infrastructure and roads that would be conducive to opening of new and bigger businesses. Crime will increase because the many gambling losers may resort to crimes in order to have money to buy another casino token. Also, drinking will double as many of the gambling losers would drink while gambling. Many of the losers will have to undergo proper drug addition treatment. Also, property values will rise when gambling will proceed for many people will visit the gambling joints. Gambling will also increase the sales restaurants and night spots near the gambling areas. Many new hotels will crop up in order to serve the overnight sleeping needs of gamblers. Gasoline prices will rise because many cars will visit the Texas area and car rentals will increase because of the increase in gambling customers.

State

Based on the study of the Gambling in Las Vegas, There will a precipitation of more net losses than net gain in the net five, ten or fifteen yours.

Many people at first come, and then go all the way to Vegas and Atlantic City?

In the article No candidate opposes gambling Fort Worth Star-Telegram, JOHN MORITZ stated that in the 2006 governor’s race that the principal sponsors of legalizing more gambling opportunities have felt that like they’ve been dealt a pretty strong hand. Republican incumbent Rick Perry has previously proposed allowing Texas’ racetracks and Indian reservations to operate Las Vegas-style slot machines. So has Comptroller Carole Keeton Strayhorn, who has been seen by many as is also running as an independent. Democrat Chris Bell stayed he’s “open” to casinos because the tax revenue could help pay for education and social services. And Kinky Friedman, the entertainer and novelist who’s also running as independent, makes no bones about his enthusiasm for legalized casinos. He boasts that on his “fact-finding missions to Las Vegas,” he often meets more Texans than he would at a suburban shopping center. “We invented Texas Hold ’em, and we can’t even play it here,” he has said repeatedly on the campaign trail. The tax revenue, he said, would be plowed into public education

CONCLUSION:

Many people think that gambling is indeed an incurable cure to be given utmost care and time. Also, gambling will be a legitimate business that must be given full support or an uncontrollable cancer. Also, gambling has divided the house between the Republicans and Democrats.

There are many variables to be considered in deciding to allow a gambling joint to be set up in Texas State. For, the opportunity cost of gambling is that, the funds that will be use to set up gambling centers would have been used for setting up infrastructure and roads that would be conducive to opening of new and bigger businesses. Crime will also increase due to the many gambling losers may resort to crimes in order to have money to buy another casino token. Also, drinking will double as many of the gambling losers would drink while gambling. Many of the losers will have to undergo proper drug addition treatment.

In conclusion, there are more disadvantages than disadvantages of setting up a gambling joint in a peaceful community. It would be preferable for a major city like Texas with a population of over 320,000 to allow one casino only and that no slot machines will be operated. As a result, the excess money will go to Nevada and Louisiana that can be successfully be budgeted for good use in Texas. This will make both sides of the argument very happy.

REFERENCES:

Should Texas Legalize Casino Style Gambling To Enhance State Revenue Code

Price, J. Gambling Industry Wins Big – social impact of gambling, Insight on the News, March 15, 1999

No author, If the government wants to stimulate the economy, it should outlaw gambling, a legal policy expert told a gathering of antigambling activists, Christian Century, Oct 9, 20002

Moritz, J., No candidate opposes gambling, Fort Worth Star-Telegram, October, 2006 by JOHN MORITZ

Should Texas Legalize Casino Style Gambling To Enhance State Revenue Act

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Should Texas Legalize Casino Style Gambling To Enhance State Revenue Online

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Should Texas Legalize Casino Style Gambling To Enhance State Revenue 2017

For this reason, when the state needs more money, it has to raise sales tax or cut department spending. For example, in 1984 the sale tax was 4.25 percent, but only six years later it rose to 6.25 percent. Furthermore, cities, counties, transit authorities, and other taxing agents may levy a sales tax up to an additional 2% combined, for a total maximum sales tax of 8.25 percent (Lavine 11). Despite the elevating taxes, many people argue that Texas has a very low combined state and local tax burden. This is only true at the state level, but at the local level Texas has a very high tax burden - 9th in sales tax per capita and 15th in property tax per capita (Lavine 15). The state managed to portray this image only because Texas pushes funding obligations down to the local level, such as public education. For this reason, cities such as Houston must implement high property taxes to ensure adequate funding for police enforcement, public transportation, and education. Because of the tremendous shortfall this year, the city of Houston resorted to layoff teachers and security personnel to meet budget requirements. Therefore, instead of continued tax hikes or sacrificing much needed state services, why not allow for casino gambling as an alternative source of revenue for the state? The direct economic impact of casino gambling is clear by looking at our neighboring states.Despite the economic impact of casino gambling, debates exist over