.. raise $180 million to $200 million for Ohio schools. ‘While that certainly won’t solve’ all the problems facing the schools, she says, it would buy 62,000 computers and 4.56 million text books (Weissman 3). The term “Yes on One” that Hubben refers to was Issue 1 on the Nov. 5th ballot in 1996.
Issue 1 was the proposed constitutional amendment to allow casino gambling in Ohio. It’s unfortunate to say that Issue 1 did not pass. It was voted down by a count of 2,659,076 against it to only 1,639,955 for it (Official Report of Votes for Statewide Issue 1). If Issue 1 would of been passed, the schools of Ohio would have had millions of dollars in their pockets. Schools could buy more than just new books and computers. For example, they could hire more teaches to cut down class sizes, build new state of the art school buildings, buy safer and better equipment for there schools sports, buy safer and more fun playground equipment for younger grades, buy new buses, increase the number of elective classes and extra curricular activities for students.
The possibilities are almost endless. To understand the economic benefits of the legalizing of all forms of gambling in Ohio, one needs only to look at the numbers. A report by Megan M. Atkinson titled California: An Overview states: In 1996, the estimated revenue for the gambling industry nationwide in 1996 was $47.7 billion. Casino gambling (not including Indian casinos) received the largest share of revenue, with a total of $17.5 billion, or nearly 37 percent, of the nationwide total.
Lotteries grossed the next largest share of gambling revenue totaling $16.2 billion, or 34 percent, of the total (Atkinson 3). In 1995 Indian gambling raked in $4.5 billion (Drinkard 2). In California, “Indian gambling has experienced dramatic growth in recent years. Revenues have grown from an estimated $120 million in 1991 to $5.4 billion in 1996–a 114 percent annual growth rate” (Atkinson 4). Amy Seifert reports: In Minnesota the economic benefits of gambling include millions of dollars raised for the state’s general fund, charities and an environmental trust fund as well as benefits to Indian communities who are building schools, clinics, roads and businesses through their casinos” (Seifert 2). “In 1996, estimated gross gambling revenues for the California gambling industry totaled $2.3 billion” (Atkinson 6). The providence’s of Canada are another good example of the profitability of gambling.
” Annual reports for 1994-95 show that the casinos in Montreal and Charlevois took in $363.2 million in gross revenues, the casino in Windsor grossed $418.9 million, and the Crystal Casino in Winnipeg reportedly gross revenues of $19.6 million for a four-casino total of $801.7 million” (Gambling: A Multi-Billion-Dollar Industry). Money isn’t the only advantage of the legalization of gambling. The next biggest factor is the amount of jobs that casinos bring to a city. Kate Hubben says “the casinos [in Ohio] would create 21,000 permanent jobs, with an average salary of $25,000, as well as 17,000 temporary construction jobs” (Weissman 3). Frank Fahrenkopf, the president of the American Gaming Association, said, “For state governments, casinos were a way to find jobs for people out of employment and to pump money and capital investment into the economy” (Kolasky 2). For a corporation to build a casino they need alot of help. Opportunities for business in a casino area are very high.
Such opportunities would involve construction of new casino facilities and related real estate developments consisting of hotels and shopping centers as well as actual management and operation of the casino. “Casinos directly and indirectly employ one million people, asserts Kelley Gannon, communications director for the AGA, and, she says, they ‘generate a lot of [tax] revenue at the state and local levels'”(Weissman 1). The jobs are almost endless. The growth of tourism is also an advantage of gambling. Visitors would come to Ohio and want to bring back souvenirs from their trip. This gives many residents of Ohio a good chance to bring in some extra dough by selling souvenirs.
The tourists will need places to sleep, eat, relax, and have a good time. The growth of tourism in Ohio will positively effect almost every business and community. Casinos also give alot of money to charity. Local organizations could profit from the legalization of gambling. “Atlantic City’s casinos contribute $300 million a year to state programs for the elderly and disabled” (Flander 2).
The legalization of gambling is a great way for the state of Ohio to make money. The president of the American Gaming Association Frank Fahrenkopf says that “not only does revenue go up for the hotel industry (and others directly effected by gambling), but retail sales go up across the whole community” (Kolasky 2). The legalization of gambling is also away to avoid raising taxes. Usually when a state or country needs money, the first thing they do is hike up the taxes. Gambling will combat that. There’s so much money out there for the taking and Ohio should take a piece. Bibliography WORKS CITED Atkinson, Megan M. Gambling in California: An Overview.
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GAMBLING: A MULTI-BILLION-DOLLAR INDUSTRY. [Online] Available http://www.ccsa.ca/gmbi.htm, February 26, 1999 “Gambling.” Encarta Multimedia Encyclopedia. CD-ROM, 1997. History of Gambling Adds to Nevada’s Colorful Past. [Online] Available http://www.laketahoe.com/About/Gamhist.htm, February 26, 1999. Kolasky, Bob.
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[Online] Available http:// www.state.oh.us/sos/dpatlarg.html, March 1, 1999 Seifert, Amy J. The stakes. [Online] Available http://www.churchstreetumc. org/ present2.html, February 28, 1999. Weissman, Robert.
A BAD BET Casino Economics and the Politics of Gambling [Online] Available http://prince.essential.org/monitor/ hyper/mm1196.04. html, February 10, 1999. Legal Issues.