The Atlanta Journal-Constitution

More gambling would prove costly to Georgia

- By John Kindt John Kindt, who holds graduate degrees from UGA, is professor emeritus of business and legal policy at the University of Illinois.

Georgia lawmakers claim they are seriously weighing the pros and cons of bringing casino gambling to our state. But based on recent one-sided hearings, it seems they are already dazzled by the lure of fast money, glitzy new developmen­ts and potential tourism.

There was no testimony about the harsh realities of casino gambling, including how it has changed lives for the worse, spiked crime and impacted employment rates in other states.

In the 2006 book “Gambling in America: Costs and Benefits,” definitive academic analyses concluded that taxpayer costs of legalized gambling activities were at least $3 for every $1 in new tax revenues to states.

As indicated in the 2015 Congressio­nal Hearing on Gambling, revenue amounts to individual states have continued to decline, as gambling lobbyists have subtly manipulate­d tax concession­s for gambling interests.

The bipartisan National Gambling Impact Study Commission called for a moratorium on U.S. gam- bling expansion. The U.S. Gambling Commission even called for the re-criminaliz­ation of electronic gambling machines at convenienc­e stores, such as those just authorized by the Georgia Lottery, and extensive restrictio­ns on lotteries.

These congressio­nal recommenda­tions have been largely ignored by the Georgia Lottery, Gov. Nathan Deal and the General Assembly.

Per a definitive decadelong study published by Harvard and MIT, crime increases approximat­ely 10 percent annually around new gambling facilities with electronic gambling machines, as gamblers lose their resources and resort to crime.

As documented by an Emory University Law School article, bankruptci­es increase 18 to 42 percent due to new gambling facilities, as gamblers lose their resources.

The numbers of newly addicted gamblers (similar to drug addicts) and problem gamblers double within the “feeder markets” of new gambling facilities.

Each slot machine or electronic gambling machine costs one job per year every year out of the consumer economy due to lost consumer spending.

Non-gambling businesses shun areas with gambling facilities, just as consumer businesses, employees and customers shun high-crime areas.

In one study, people around gambling facilities were spending 10 percent less on food and 25 percent less on clothing, while 37 percent had raided their banking accounts to lose to slot machines.

As indicated in a Mercer Law Review article, even gamblers should insist on legislativ­e hearings under oath to determine how the electronic games are programmed and whether the astronomic­al odds and “near misses” are “fair” to gamblers.

Georgia’s Republican majority shunned the idea of gambling and casinos when it was the minority party. Now it seems to be headed the way of Illinois, New Jersey and other states where many regret bringing casinos to their citizens.

Newspapers in English

Newspapers from United States