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 currently one of the more states that are active it comes down to gambling. There are casinos, racetracks, and jai alai frontons, and many of the venues appear most likely to see slots arriving at them in the future that is near. And that’s okay, according to a brand new report that says such an expansion might have only a ‘minimal’ impact on hawaii from both an economic and perspective that is social.
Effect of Gambling Examined
That has been the biggest finding from a report by the Spectrum Gaming Group, a fresh Jersey-based research firm that performed the study on behalf of the Florida Legislature. The report cost $400,000 to finish, and was taken in order to weigh the potential effect and costs of expanded gambling in the Sunshine State.
In accordance with the report, those impacts could be little.
‘The expansion of casino gambling, whether on a tiny scale or extremely large scale, would have, at best, a moderately positive effect on the state economy,’ the report stated.
That conclusion isn’t more likely to excite or infuriate anyone. But more interesting, perhaps, was information gleaned about Florida’s present gambling market.
According to the report, the average gambler that is floridian about $866 each year on gambling. This is about 16per cent less compared to the average that is national. Still, Florida residents account for about 93% of the $2.4 billion taken in every year by existing Florida casinos, and about one-third of Florida grownups who reside in a hour of a casino gamble at their local casino at least annually.