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- From: jeq@i88.isc.com (Jonathan E. Quist)
- Newsgroups: chi.misc,chi.mail,chi.general
- Subject: Re: *** Chicago Casinos " VOTE " ***
- Message-ID: <1993Jan27.202013.3742@i88.isc.com>
- Date: 27 Jan 93 20:20:13 GMT
- References: <1993Jan21.042928.3681@midway.uchicago.edu> <9301222147@drktowr.chi.il.us>
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- Organization: Lachman Technology, Incorporated, Naperville, IL
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- In article <9301222147@drktowr.chi.il.us> magus@drktowr.chi.il.us (Louis Giliberto) writes:
- >Ted Frank (thf2@ellis.uchicago.edu) wrote:
- >: In article <1993Jan06.110247.3112@uumeme.chi.il.us> sfoley@uumeme.chi.il.us (Sean M. Foley) writes:
- >: > There can be no doubt here; Obviously, casinos would bring Chicago a large
- >: >amount of needed revenue, and that can only be positive to the community in
- >: >general..
- >
- >: Your initial assumption is false. 70-80% of the gambling would be done
- >: by Chicago residents. That's a net outflow of money to out-of-state
- >: casino owners, especially when you include the fact that money spent
- >: on gambling is not going to be spent on local businesses.
- >
- >It's not false. The net outflow of profit goes out of state, but not
- >the tax revenue. At any rate, a gambler is going to spend his money
- >on gambling and not on local business. The only difference is the
- >money will go to the casino owners instead of a bookie.
-
- And the bookie will spend his earnings in Chicago, and the casino owners
- will spend them elsewhere.
- --
- Jonathan E. Quist Lachman Technology, Incorporated
- jeq@i88.isc.com '71 CL450-K4 "Gleep", DoD #094 Naperville, IL
- __ There's nothing quite like the pitter-patter of little feet,
- \/ followed by the words "Daddy! Yay!"
-