Gambling Revenue Decreases Disprove Theories Of Opposition Groups

Opponents of expanded casino gambling who are losing their battle all across the US are rallying around a different point these days then they have in the past. They are spreading the word that expanded casino gambling is dangerous in today's economic crisis.

They point to the idea that people are more likely to gamble with the economy in the dumps. They feel that expanding gambling options could lead to more problem gambling cases when the economy is down.

"The revenue figures that have come out of the two top casino gambling outlets in the US, Atlantic City and Las Vegas, have proven that people are not running to casinos to try and gamble their way out of economic problems," said economist Gregory Trepard.

Atlantic City, the most popular casino gambling destination on the East Coast has experienced two straight years of declining revenue. The numbers have been similarly bad in Nevada.

Nevada recently released their November figures, and their revenue was down almost thirty percent from the same month in 2007. Atlantic City reported their worst month ever, down almost twenty percent.

While these big gambling areas are down, individual states are still in the process of changing laws to expand casino gambling in their states. They are being met with the opposition who claim that people will do anything to make money when times are tough.

"These opposition groups will latch on to anything to keep casinos out of their states. It just so happens that this time, they have latched on to an idea that has no merit," said Trepard.

January 10, 2009
Posted By Larry Rutherford
Staff Editor, CasinoGamblingWeb.com
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