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Florida Gambling Study Gives Vague Answers

Florida Gambling Study Gives Vague Answers

Is Florida ready for more games of possibility? A new commissioned study says, ‚Why not?‘

Florida is currently one of many more active states when it comes to gambling. There are casinos, racetracks, and jai alai frontons, and many among these venues appear most likely to see slots visiting them in the forseeable future. And that is fine, based on a new report that says such an expansion would have only a ‚minimal‘ impact on the state from both an economic and social perspective.

Effect of Gambling Examined

That has been the biggest finding from a report by the Spectrum Gaming Group, a brand new Jersey-based research firm that performed the analysis with respect to the Florida Legislature. The report cost $400,000 to finish, and was taken in order to weigh the impact that is potential costs of expanded gambling within the Sunshine State.

According to the report, those impacts could be small.

‚The expansion of casino gambling, whether on a scale that is small really 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 current gambling market.

According to the report, the average gambler that is floridian about $866 each year on gambling. This is all about 16per cent less compared to the national average. Still, Florida residents account for about 93% of the $2.4 billion taken in each year by existing Florida casinos, and about one-third of Florida adults who live inside an hour of a casino gamble at their local casino at minimum annually. Weiterlesen