Riverboat Gambling In Louisiana
- Riverboat Casinos In Louisiana
- Riverboat Casino In Louisiana
- Riverboat Gambling In Louisiana
- Riverboat Gambling In Louisiana
By: Janna • Research Paper • 1,127 Words • March 25, 2010 • 560 Views
Tom Reeg wasn’t impressed with the Belle of Baton Rouge when he was leading Eldorado Resorts and had the Louisiana-based riverboat casino in his portfolio. It’s no surprise, then, that Reeg, who. And Louisiana, like Missouri and Illinois, also allows gambling on riverboats. A riverboat refers to anything floating in the water, which results in many riverboats consisting of large structures on anchored barges near the shore.
Riverboat Gambling in Lousiana
should be more commercial casinos built in Louisiana.
Riverboat Casinos In Louisiana
Brandon Brooks
Speech 120 M - TR
June 27, 2007
I. Introduction
The negative stereotypes often associated with casinos of the past have given way to a booming industry that is being readily accepted into mainstream America. Cities across the United States are voting to build new casinos in their areas. Casinos generate large percentages of revenue for local and state governments across the country, especially along the Gulf Coast. The revenue received in Louisiana helps to support state and local projects that all citizens benefit from, such as roadways and public education. By increasing the number of commercial casinos in Louisiana we can in turn increase the amount of money available for development.
II. Body
A. Casinos have a positive economic impact on the communities in which they are built.
1. Sayre, Alan, “AP Centerpiece: Louisiana gambling booms, but for how long?,” The Associated Press State & Local Wire, June 26, 2006 Monday, State and Regional, NEW ORLEANS, LA
• “The Mississippi Gulf Coast is the third best gaming market in the country. The amount of capital being spent there makes the market comparable with the best markets”
2. Fahrenkopf, Frank J., 'Legalized Gambling Benefits Local Economies'. Gambling. James D. Torr, Ed. Opposing Viewpoints Series. Greenhaven Press, 2006. Opposing Viewpoints Resource Center. Thomson Gale. 18 June 2007 “
• “A study at the University of Chicago showed that communities closest to casinos experienced a 12%-17% drop in welfare payments, unemployment rates, and unemployment insurance”
3. Casino Association of Louisiana June 2007: http://www.casinosoflouisisana.com/factmyth.htm
• “20% of casino employees have been able to end their dependence on some form of government assistance as a result of their employment.”
Body cont’d
B. Casinos generate tax revenues for state and local development.
1. Sayre, Alan, “Katrina's hit on Louisiana gambling to last for a while,” The Associated Press State & Local Wire, September 30, 2005, Friday, State and Regional, BATON ROUGE, LA
• “State government has learned to count on gambling revenue when making annual budgets.”
2. American Gaming Association, June 2007: http://www.americangaming.org/Industry/factsheets/statistics_detail.cfv?id=10
• “Louisiana casinos paid out $527.8m in tax revenues in 2006.”
3. McGill, Kevin, “Hurricanes bring sharp drop in Louisiana casino revenue,” The Associated Press State & Local Wire, October 18, 2005, Tuesday, State and Regional, BATON ROUGE, LA.
• “Harrah’s pays about $164,000 a day or $4.9million a month, in taxes under its agreement with the state.”
4. Government Performance Project: Http://www.gpponline.org/StateCategoryCriteria.aspx?id=110&relatedid=2
• “Gambling revenues pay for education.”
Body cont’d
C. There is no correlation between increased crime and the building of casinos.
Riverboat Casino In Louisiana
1. Federal Bureau of Investigation. Crime in the United States 2005. Uniform Crime Reporting Program, June 2007 http://www.fbi.gov/ucr/05cius.
• “According to data collected by the FBI from nearly 17,000 law enforcement agencies nationwide, the crime rate in the Las Vegas metropolitan area for 2005, which includes any crimes committed by the more that 38.5 million annual visitors that year, was lower than many other American tourists destinations, including Miami, Myrtle Beach, SC, Orlando, and Phoenix.”
2. Waddell, David, 'Casino Gambling Does Not Cause Crime,' Legalized Gambling. David M. Haugen, Ed. Contemporary Issues Companion Series. Greenhaven Press, 2006. Opposing Viewpoints Resource Center. Thomson Gale. 18 June 2007
http://galenet.galegroup.com/servlet/OVRC
Riverboat Gambling In Louisiana
• “According to Detroit’s Official Uniform Crime Report, Part 1 crimes (homicide, rape, robbery, assault, burglary, and larceny) have dropped 24%