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Davies calls casino gambling "a bad bet"

Jan 24, 2012 12:02 am
Paul Davies criticizes Gov. Andrew Cuomo for embracing casino gambling in an opinion column in The New York Times. Davies is a journalist and a fellow at the Institute for American Values, a socially conservative think tank. Davies writes that, if New York follows the blueprint of other states that have allowed casinos, then they'll be located in rural and working-class towns and cities that cater mainly to low rollers, not James Bond-type jet-setters. He calls state run casinos, "a regressive tax that extracts wealth from the very citizens who can least afford it." Davies also points to studies that show that, while casinos may create some jobs and generate revenue, they also produce little to no economic spinoff and in fact divert spending away from surrounding businesses like restaurants, movie theaters, and live entertainment. Read Davies Op-ed in The New York Times.