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Economic Rebirth Or Social Sui
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cide
Any mention of Las Vegas conjures up images of glitzy casinos with flashy neon facades; a city built by gangsters to feast upon the hopes of reckless tourists. Now Las Vegas is losing its singular claim to fame. State by state, the gambl .... Middle of Term Paper
... to pad their tax base emphasize the multiplier effect: new jobs that inject money into the local economy, and new money means new businesses that will spur further economic growth. Has the community asked why would a gaming company invest upwards of 300 million dollars in this town? There are definite answers to these questions.
Gambling proponents’ point out there are very few industries that can have such an immediate impact on a community. Casino giant Resorts International conducted an economic impact study during the 1980’s when Louisiana was debating the legalization of gambling. This study predicted a huge influx of t ... |
| Number of Words: 1255 |
Approximate Pages: 5 |
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