Citizens for a Stronger Massachusetts strives to educate the public and citizens of Massachusetts on subjects useful and beneficial to the community, in order to create a more diverse, educated, economically competitive, and environmentally sustainable Commonwealth. These aims are furthered through presenting topics in a full and fair manner to a wide audience in order that the public may form independent opinions and conclusions, by making available the results of nonpartisan analysis, study, or research on legislative issues, by performing advocacy and, to a significantly lesser degree, by engaging in grassroots lobbying.

Saturday, August 27, 2011

Gambling Proponents Betting on Rosy Pre-Recession Numbers

On Saturday, the Boston Globe reported that estimated casino revenues & job creation are based on the assumption that the recession is simply an "economic blip" that will be in the commonwealth's rear-view mirror by the time casinos open for business in Massachusetts.  However, Moody's Investor Services now predicts that casinos in Massachusetts might not fare as well as proponents of expanded gambling would like to think, given the recession's potentially permanent effects on consumer spending and availability of capital.

Click here for the entire article.

Click here for a related article, discussing the proposed legislation's preferential treatment of Native American tribes in casino licensing applications.
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2 comments:

  1. Floyd BakerJanuary 12, 2012 at 6:43 AM

    This comment has been removed by the author.

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  2. UnknownNovember 22, 2012 at 11:07 PM

    Good thing for those who are really interested on this kind of stuff.
    _________________________
    Ashley | 12BET

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