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24 feb Florida Gambling Study Gives Vague Answers

Florida Gambling Study Gives Vague Answers

Is Florida ready for more games of chance? A new commissioned study says, 'Why not?'

Florida is already one of many more states that are active it comes to gambling. There are casinos, racetracks, and jai alai frontons, and many of the venues look most likely to see slots visiting them in the future that is near. And that is okay, according to a fresh report that says such an expansion might have only a 'minimal' impact on their state from both an economic and perspective that is social.

Impact of Gambling Examined

Which was the finding that is biggest from a report by the Spectrum Gaming Group, a New Jersey-based research firm that performed the analysis on behalf of the Florida Legislature. The report cost $400,000 to finish, and was taken so as to weigh the impact that is potential costs of expanded gambling into the Sunshine State.

Based on the report, those impacts will 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 isn't prone to excite or infuriate anybody. But more interesting, perhaps, had been information gleaned about Florida's current gambling market.

In accordance with the report, the average gambler that is floridian about $866 per year on gambling. This is all about 16% less compared to national average. Still, Florida residents account for about 93% of the $2.4 b

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