Florida Gambling Study Gives Vague Answers
Is Florida ready for more games of opportunity? A new commissioned study says, ‘Why not?’
Florida is already one of the more states that are active it comes to gambling. There are casinos, racetracks, and jai alai frontons, and many of those venues look most likely to see slot machines visiting them in the forseeable future. And that’s ok, based on a new report that says such an expansion could have only a ‘minimal’ impact on their state from both an economic and perspective that is social.
Impact of Gambling Examined
Which was 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 potential effect and costs of expanded gambling into the Sunshine State.
Based on the report, those impacts could be small.
‘The expansion of casino gambling, whether on a little scale or really large scale, would have, at best, a moderately positive effect on the state economy,’ the report stated.
That conclusion isn’t more likely to excite or infuriate anyone. But more interesting, perhaps, had been information gleaned about Florida’s current gambling market.
Based on the report, the average gambler that is floridian about $866 per year on gambling. This is approximately 16% less than the national average. Still, Florida residents account for about 93% of the $2.4 billion taken in every year by existing Florida casinos, and about one-third of Florida adults who reside in a hour of a casino gamble at their casino that is local at once a year. Læs resten