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Florida Gambling Study Gives Vague Answers

Thursday, February 27th, 2020

Florida Gambling Study Gives Vague Answers

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

Florida is currently one of many more active states when it comes down to gambling. There are casinos, racetracks, and jai alai frontons, and many of these venues look most likely to see slots coming to them in the not too distant future. And that’s ok, in accordance with a new report that says such an expansion would have only a ‘minimal’ impact on hawaii from both an economic and perspective that is social.

Effect of Gambling Examined

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

Based on the report, those impacts could be tiny.

‘The expansion of casino gambling, whether on a tiny scale or very large scale, would have, at best, a moderately positive impact on the state economy,’ the report stated.

That conclusion isn’t likely to excite or infuriate anybody. But more interesting, perhaps, had been information gleaned about Florida’s current gambling market.

According to the report, the average Floridian gambler spends about $866 each year on gambling. This is mostly about 16per cent less compared to the national average. Still, Florida residents account for a (more…)

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Tuesday, October 1st, 2019

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