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Casinos Head to NYC. You Lose.

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xchrom Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Oct-02-11 07:30 AM
Original message
Casinos Head to NYC. You Lose.
http://www.villagevoice.com/2011-09-28/columns/casinos-head-to-nyc-you-lose/

If the people weren't so old and shabby, they would look like a shift clocking in: streaming swiftly and silently past a few solitary smokers into the blank-faced, brick-walled, block-sized money factory, a continuous line of New Yorkers stepping off of buses in Yonkers. No lingering or idle talk, they go in ones and twos straight to the machines to begin the day's lever-pulling. It's depressing but crucial work: The state is banking on them, to the tune of a billion dollars a year and rising.

Back in August 2001, the Yonkers Raceway was for sale and expected to be converted to a mixed-use facility. It was revived in October, when, amid fears about how the 9/11 attack would impact New York's economy, Governor Pataki pushed through a law creating so-called "racinos" with electronic slot machines at race tracks across the state.

That is, the state decided to go into the gambling business for itself, contracting out the operations so it could "regulate" its own cash cow and chopping up the take with shares going to education, to the still-staggering racing industry, and, of course, to the casino operators.

Although the 2001 law paved the way for a racino at the Aqueduct Racetrack in Queens, it hardly registered in the city at large—even as it generated a wave of scandals as deep-pocketed, well-connected bidders paid off who they could for the lucrative right to play the house. Perhaps the story didn't play here because the money goes to the state, not the city, or because there's not much direct overlap between the Wall Street set and the bodega-lottery-ticket and casino-bus crowd.
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NYC_SKP Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Oct-02-11 07:42 AM
Response to Original message
1. Sad, but not much more so than OTB or Lotto.
I remember shaking my head at California's decision to begin holding a state lottery.

Meh.

Collect more money from hopeless poor and working class people.

Now this.
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brooklynite Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Oct-02-11 08:08 AM
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2. I take it you believe in prohibiting gambling entirely?
Otherwise, what's the difference if the State does it or the Private sector?

People have gambled for millennia.
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xchrom Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Oct-02-11 08:12 AM
Response to Reply #2
3. I didn't comment one way or the other. Nt
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Lucky Luciano Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Oct-02-11 08:18 AM
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4. They really should set up poker tables. Then I would care! nt
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dmallind Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Oct-02-11 11:04 AM
Response to Original message
5. "You" lose only what "you" decide to.
When the state makes gambling mandatory there will be a problem. Until then all losses, and all revenue to the state, is entirely at will.
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FarCenter Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Oct-02-11 11:16 AM
Response to Original message
6. If it reduces CO2 emissions of people traveling to Las Vegas, etc. it's all good.
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Historic NY Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Oct-02-11 11:35 AM
Response to Original message
7. I went to Monticello Raceway once it sucked.....
electronic machines that pump out a ticket with the winnings that the state knows you made.
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