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Florida Gambling Study Gives Vague Answers

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 many more states that are active it comes to gambling. There are casinos, racetracks, and jai alai frontons, and many of the venues look likely to see slot machines visiting them in the future that is near. And that is fine, in accordance with a brand new report that says such an expansion could have only a ‘minimal’ impact on hawaii from both an economic and social perspective.

Effect of Gambling Examined

Which was the finding that is biggest from a report by the Spectrum Gaming Group, a fresh Jersey-based research firm that performed the research on behalf of the Florida Legislature. The report cost $400,000 to complete, and was taken so as to weigh the potential impact and costs of expanded gambling within the Sunshine State.

According to the report, those impacts will be tiny.

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

That conclusion is not prone to excite or infuriate anybody. But more interesting, perhaps, ended up being information gleaned about Florida’s current gambling market.

Based on the report, the average Floridian gambler spends about $866 each year on gambling. This is approximately 16per cent less compared to national average. Still, Florida residents account for about 93% of Continue reading Florida Gambling Study Gives Vague Answers