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Casinos
Part 1 of Essay
have become a form of entertainment for millions of Americans. In fact, Las Vegas, considered to be the home of casino gambling, is third only to Disneyworld and New York for tourism with 260 million visitors yearly. While it is true that generate billions of dollars in revenues hardly any of that makes it back to the lo ....
Part 2 of Essay .... offering free meals and drinks to gamblers. By 1996, Atlantic City were devoting 318 million dollars to promotional food and drinks. Also in Atlantic City, over 900 of the 2100 small businesses there closed and the number of local restaurants was reduced from 243 to 146. Richard Byron, President of the Federal Reserve Bank of Boston, describes gambling expenditures as Money Extracted From Other Consumer Spending. When come into a small community such as Atlantic City or Biloxi the people living in that communi ....
Word count: 1220 | Approximate pages: 5
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