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The actual quote from the judgment is "allowing a player to unilaterally adjust the odds of a casino game in his favor – to any degree - would violate the essen
by TheGrumpyBrit 10y ago
The actual quote from the judgment is "allowing a player to unilaterally adjust the odds of a casino game in his favor – to any degree - would violate the essential purpose of legalized gambling." - which presumably refers to N.J.S.A 5:12-1(4) [1], which says that legalized gambling is a "tool of urban redevelopment" to "facilitate the redevelopment of existing blighted areas and the refurbishing and expansion of existing hotel, convention, tourist, and entertainment facilities." - In other words, "legalized gambling is supposed to bring money in, not let it out."
[1] http://www.nj.gov/casinos/actreg/act/docs/cca-article01.pdf http://www.nj.gov/casinos/actreg/act/docs/cca-article01.pdf
- emodendroket 10y agoI'd question whether that is actually what happens when you open casinos, but I suppose it's beside the point, legally speaking.
- ascagnel_ 10y agoConsidering that this is in Atlantic City, it hasn't really happened.
- nommm-nommm 10y agoYou don't think that gambling has brought money into Atlantic City?
- emodendroket 10y agoHas it brought more than the things it displaced?
- nommm-nommm 10y agoI have no idea, I'm just interested in hearing thoughts on the topic, I don't know anything about atlantic city.
- emodendroket 10y agoEverything I've ever read says that the gambling revenue in just about every city that tries casino revitalization is more or less offset by the local small businesses the casino squeezes out. And at this point so many places are getting casinos you aren't going to get a lot of tourism.
- wmeredith 10y agoNo better way to foster urban redevelopment than move money out of the public's pocket and into corporate coffers by exploiting inherent human weakness. I would laugh if this wasn't so sad.