State's Distribution Of Casino Revenue Faulted In Report
Towns frustrated, findings suggest 'regional approach'
Published on 6/27/2009
While documenting the tribal casinos' undeniable impact on Connecticut's economy, a report released Friday also finds that the state fails to distribute its share of the casinos' revenues in an equitable way.
Titled “Gambling in Connecticut: Analyzing the Economic and Social Impacts,” the report recommends the state address the negative effects Foxwoods Resort Casino and Mohegan Sun have on the towns closest to them.
”It cries out for a regional approach,” said Michael Diamond, vice president of research for the Spectrum Gaming Group of Linwood, N.J., which prepared the report. “What affects municipalities doesn't stop at their boundaries. We found there was tremendous frustration on the part of the towns. We point out that other casino jurisdictions have set up separate funds for specific local impacts
EDITORIAL FOOTNOTE: The way i see it, the towns around the two Connecticut casinos, have been saying they don't get enough of the revenue that the State of Connecticut redistributes back to the different towns in the entire state. What needs to be realized, in my opinion, is that the casinos have no control (say) on what the state does with the money. The towns have a legitimate beef. What do you think?
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment