Stop Predatory Gambling

Garden State Needs to Bury “Casino Reform” Bill

by spgadmin

Wall Street ratings company Moody’s Investors Service said yesterday the New Jersey’s Legislature’s fast-tracked proposal to help Atlantic City’s casinos would add up to a “zero-sum game” because predatory gambling revenue would simply go “in one pocket and out the other.”

The government program of casinos and lotteries is a major public policy failure in New Jersey and across the U.S.  The time has come for government to focus on building new prosperity rather than milking existing prosperity.