Pennsylvania Opens Door for Gambling Expansion
One thing that has continued to happen within the US is gambling expansion. Some states have tampered with gambling law to varying degrees of success. They are not willing to eliminate it, even if it doesn’t work, due to the huge potential revenue dollars available. Rather than eliminating it, they are rewriting laws and bills to acclimate better to the market. Few legislators are willing to overlook the financial potential of gambling. Much like the US as a whole, state legislators are trying to come up with a viable law that meets the needs of every party involved. They need a law that legalizes gambling, but also regulates it so that people are still protected. The main argument of anti-gambling lobbyists is that the laws, as they are written now, are not sufficient to protect the public. They believe that inevitably problems will arise as a result of legalizing gambling and the states are not ready to handle the aftermath, that includes an increase in crime, addictions and money laundering.
The state of Pennsylvania is one state that is looking forward in the field of gambling. It has already overcome one big hurdle when in January of this year, slots gambling and table games were legalized in the state. This was great news for casino operators who know how much slots gambling can bring to their revenues in coming months. For example, Rivers Casino is one of the most recently built casinos in the state, but they couldn’t have picked a better time to open their doors. It was just a few months after they did that the state decided to change its laws. The casino even talked to the gaming board, wanting to expand the current laws.
Part of the Rivers Casino’s pitch is that expanded gambling will bring more jobs to the casino. The state has been particularly hard-hit by unemployment and any news regarding building new jobs may be welcomed by legislators. There still has to be a public hearing to settle the details, but most likely the gambling expansion initiative will push ahead. As of now, Pennsylvania is looking to take over the gambling market from Atlantic City and New Jersey.