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 among the more active states when it comes to gambling. There are casinos, racetracks, and jai alai frontons, and many of those venues appear likely to see slots casino-bonus-free-money.com arriving at them in the forseeable future. And that’s fine, in accordance with a fresh report that says such an expansion would have only a ‘minimal’ impact on their state from both an economic and social perspective.

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 study with respect to the Florida Legislature. The report cost $400,000 to complete, and was taken in order to weigh the potential impact and costs of expanded gambling in the Sunshine State.

In accordance with the report, those effects could be small.

‘The expansion of casino gambling, whether on a scale that is small very large scale, would have, at best, a moderately positive affect 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 present gambling market.

Based on the report, the average Floridian gambler spends about $866 each year on gambling. This is all about 16% less compared to average that is national. Still, Florida residents account for about 93% of the $2.4 billio Okumaya devam et “Florida Gambling Study Gives Vague Answers”

Red Tape Could Stall Developer Who Wants to Build Casinos in Vietnam

Red Tape Could Stall Developer Who Wants to Build Casinos in Vietnam

Building new casinos in Vietnam includes a myriad of government roadblocks

For reasons uknown, in Asian and Russian countries, they like to zone off their casinos. Everything needs to be in a designated ‘economic zone,’ perhaps indicating that many things in these nations aren’t supposed to make a ton of cash, at the least not if they’re legal.

New Gambling Enterprises on the Runway

Vietnam fits this mold, and legal casinos continue to be a concept that is fairly new, not to mention almost exclusively directed at a foreign market, as locals are mostly barred from casino gambling. Now a high-profile businessman that is vietnamese Hong Tuyen, listed as a CEO to look at by the Japan Times wants to construct a fresh casino project via his Tuan Chau Groupand its US partners in the Van Don Administrative Economic Zone in Quang Ninh province into the northeast region of Vietnam. He also wants to get a gambling house going in Ha Long City on nearby Tuan Chau island, adjacent to a marina that is new will be checking there.

If he will get ‘er done, Tuyen would be one of only a handful of designers to crack the bureaucracy grid that has long held Vietnam lagging behind its brethren that are asian this arena. A huge sticking point for casino investors that are most is the somewhat odd dictum by the Vietnamese government that the the least US$4 billion be devoted to any projected resort-casino plan; a quantity Okumaya devam et “Red Tape Could Stall Developer Who Wants to Build Casinos in Vietnam”