A Michigan newspaper editorial strongly urges voters not to fall for the sham argument that casinos represent “economic development” for Michigan. Here’s an excerpt: “Expect to hear a lot about economic development and tax revenue. Indeed, the one group that… Read more
New Hampshire’s Seacoast Newspapers rips apart the phony messaging scheme of the predatory gambling operators lobbying for casinos in that state in an editorial published yesterday. Here it is: Of all the terrible arguments in favor of gambling, the fact… Read more
Despite the billions of dollars spent by casino operators to deceive the public otherwise, the truth behind casino “economics” has remained the same since Nobel Prize-winning economist Paul Samuelson wrote the following more than forty years ago: “There is a… Read more
Many of New York’s economists from the state’s leading colleges and universities agree that casino gambling is a bad bet for the Empire State, according to the results of an opinion survey released Tuesday. In fact, a majority of the… Read more
Yesterday’s New York Daily News featured a story about a pawn shop opening up near the Aqueduct racino, which is scheduled to open this summer. The owner hopes to make huge profits from gamblers seeking to chase their losses from… Read more
An Associated Press story on the severe economic crisis in Nevada reports there were 167,564 empty houses in the state last year, according to newly released U.S. Census data, more than double the number in 2000. The number of vacant… Read more
Pennsylvania’s version of CSPAN, PCN-TV, aired a show about the state’s economic climate. Two guests on the program David Thornburgh, Executive Director of Fels Institute of Government at University of Pennsylvania and David Taylor, Executive Director of PA Manufacturers’ Association,… Read more
Dr. John W. Kindt, a professor of business and legal policy at Illinois, has been one of the nation’s leading experts about the predatory gambling business in America for nearly twenty years. Check out his interview about the latest predatory… Read more
Pat Loontjer, Executive Director of Nebraska’s opposition group to predatory gambling “Gambling with the Good Life”, has published a must-read opinion piece in The Omaha World Herald. Check it out below: “Casinos won’t aid economy” Repeat after me: Casinos do not… Read more
Predatory gambling interests recently spent more than $60 million on an Ohio referendum to promote a false narrative that legalizing casinos would bring back the state’s fading job base and revive some of its cities. It is a false narrative because casinos milk… Read more
Charlie Pierce, the talented journalist who writes for the Boston Globe Magazine, has an excellent column this week unmasking those who advocate for slot machines to save “jobs.” Pierce writes: “If slots can save the racing industry, why not all… Read more
A Federal Reserve research paper just released Thursday stated that Pennsylvania casinos are not revitalizing local communities as gambling interests promised. In Philadelphia in particular, the local benefits of casinos could be outweighed by costs such as increases in pathological gambling,… Read more
The Day newspaper in Connecticut reports about a national survey on predatory gambling by PublicMind, Fairleigh Dickinson University’s research center. Here are some of the findings: A majority of those with an opinion on the subject think casinos hurt local… Read more
There’s more evidence the era of phony prosperity is over. Forbes runs a story today about how fears that casino visitors’ spending will not bounce back for the rest of this year left shares across the entire predatory gambling sector… Read more
Jim Rubens, leader of New Hampshire’s No Slots effort, distributed an excellent email summary of a must-read report released October 21. Here’s an excerpt from his email: Video slot machines became pervasive across almost the entire Australian nation by 1995…. Read more
The crisis on Wall Street- AIG, Lehman Brothers, Bernie Madoff and so on – are all part of what’s been called “casino capitalism” – using predatory practices and financial gimmicks to promote an illusion of free money, all at the… Read more
The Bethlehem Sands casino, built on the site of the former Bethlehem Steel which was once a symbol of America’s industrial might, asked the state of Pennsylvania for more slot machines yesterday. When the casino was proposed, the something for… Read more
The New York Times ran a must-read story about how states are facing a drop in their revenues from predatory gambling. According to the story: “The data shows that states take a real chance in depending on gambling because this… Read more