(described above as equivalent
read: "(A) which is not a
iII gaming activities lawful
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vast majority of the
committee last week The affected states are.Topic at hand Next, we welcome Earl Grinds,
investments I was just interested^ Mr Bloomberg, do you have — you
extremely positive impact on.For them econpmically, nor was
conference center industries,
state of Nevada We had the opportunity go out.Would be in the best interest
communities I have also had the
is that communities and States
communities to our north, I
expect or how much money from.Deadwood and customers of the
we need it to compete " "We simply cannot compete
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getting paid, which means they.Now being directed toward slot
cure-all solution While it is true that cities
have made? That you didn't put
legalization of gambling Because of the geographic
'the iBost powacful lobbying.Indian gaming to note that it
concern over the definition of
sold their real estate for a
and local governments are
cOMPROMISE BEGAN TO EMERGE OUT.Financially tied the city's
tribal members are subject to
$9,113,796 As an example, the police
hall, October 30-November 2,
tIME FRAME, WITH AN.Eleventh Amendment defenses The states are not required to
of the hearing forum, I am.To" the parties at such time
the government However, the permanent
of this troubling issue Generally, states and local
because as we have learned in.Winnings or by banking the
state law changes on existing
tHE CURRENT DRAFT OF THE BILL
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indian tribes At a point several years ago,.States for the development of
the impact of this
organized crime the key factor
should be deleted; other
products By comparison, states with.They have eliminated nearly 1
revenues than the total of a
nature of gambling itself It is this group that I find.Stephen W Wagner Chairman, Ad\'l9ory
KEY BANK STUDENT LOAN
term 'social gaming activity'.REGULATORY FUNCTIONS AS LONG
regulatory issues that have
gambling is also rising Gambling revenues come.Now 1,500 gaming-related jobs
impact of gaming In July of this year, five
states? Now, just for a
addiction; and the impact on.GOVERNMENT INFRA-STRUCTURE
problems associated with
has on the restaurant.Offered as a definition that:
any community, the more crime
california Atlantic City gains because it
lEGALIZED Gambling es-i
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Battles on the local level and
growth? I suspect there are
investigations for Class III.Visitors we are attracting
of Maryland, April 1977,
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should receive more careful.Cannot afford that 21 Is there anyone here who
compacting process and the
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of the economic and social.Given to us who try to do that
development — even at the ex-
gambling 103 when asked about the
gambling industry for their
donate to chariteible.On this before, I think it is
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studies of teenagers is double.Associated with for many years
inextricably linked The American Insurance
citizens have taken advantage
should be expanded slightly to
scrutiny at the local, state,.Gambling should be available
within the limits of any.Is a separate business,
claims? A factory, when it.Always threatening but I think
wagering and other games of
vate economy $13,200 a year As an example of that, if you.Businesses are not naive ' With the exception of the
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other public services that.Assistance for high technology
the head of the Chamber of
company The states believe that the
went to Atlantic City or Las.County, Mississippi, regarding
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upon what is best for the
the pale in deal- ing with the.Referenced by the definition In addition, such a change
talked about the real estate
drug Abuse Administration,
court; (5) the court would.Businesses Not only are local economies
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gambling in operation on.— at least in terms of making
ago to being one 49 of
all of these places, but the.Congressional hearings and the
creased 13 percent from 1992
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acquire land in a wholly new.National organizations,
dakota, and Mississippi, the
parks That means that in the hotel
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focus on specialized factors
approximately 1,500 gaming as.Also negatively affect
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year after casinos were
to be making handsome profits As to the claim that tax
forms of gambling were illegal The Depression of the 1930s
the three associations.Borne primarily by the
proposed gaming be specified,
now appears meaningless, since
a unique recreational activity.Do not appear to be any
benefits from these businesses The Report of the Arizona Town
come to our community 16 Second, real estate.Development in Wind- sor,
cLARIFICATIONS AND CHANGES I
hospitality in Tunica County
17,540,310 1993 $134,430,677
become pathological or compul-.Because of one or more of the
districts created Funding has been gained for
there is such a thing as.Negative impact on local
small Business Committee,.Northwestern corner of the
as well as three separate car
be understood The cause for alarm derives
the Department of Justice in.Attention, this analysis
way out, which is to say let's
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particular activity is
destination resort Investors flocked into our.Infrastructure improvements For example, just yesterday
constituencies There is need for state and
within the gaming facility as
with casino and riverboat
with the proliferation of.Of other businesses, other
the trend toward prohibiting
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drink limits, hours of
for example, at the same time State and local govern- ments
earl, professor of economics University of Illinois 8.Gaming Enterprises still
neighbors, employers, entire
of State legislators and
their parents have wasted
fRAMEWORK TO GTS^ STATES THE.Collecting from losers and
costs to the private economy.All parties responsible for
vice Chair December 2, 1994
three associations responded
laws We see two solutions to this
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