Maybe in retrospect, state and city leaders would also be better off if they’d retained the Convention Center available and instead put on large events and placing all of their hard-earned cash into a gaming facility which pays absolutely no taxation and only pays small amounts for using their property in the middle of the largest city in the state. The cause of this is simple; there’s no money in Macau, because Macau is bankrupt. The men and women who own the properties surrounding the Convention Center are simply interested in using the tax money that comes in, to cover their own executives and rent out their property. This is exactly what is happening in Las Vegas, with the Clark County Recreation and Parks Department.
Now then, I wish to go into detail about the legal aspects of gaming in Las Vegas, which is the primary and first article. What I am about to tell you is extremely disturbing and shows the entire lack of ethics of politicians trying to pass laws that serve only the interest of particular interests. One example of this is that the recently passed Gambling Law, also known as House Bill 1080. For people who don’t understand, House Bill 1080 is a really controversial gambling bill that attempts to impose a ban on online gambling in Nevada.
It’s important to note that the House Bill has already been signed into law and is now a part of the State’s Constitution. So, though it may have appeared as a gambling proposal, the true intent was to restrict internet gaming at all Las Vegas casinos. Obviously, all casinos in Las Vegas compared the House Bill and even said so publicly. This was nothing new to me, and yet it is good to understand what all of our elected officials consider your right to gamble.
In reference to that, I want to take a look at how gambling in vegas really works. When gamblers come to Las Vegas, they will need to gamble at one of three casinos in the casino complex. The rest of the casinos are owned by someone else, which makes gambling in Las Vegas a very symbiotic relationship for both the casinos and the gamblers. The casinos make money from gambling addicts, while the gamblers pay taxes, get their hotels and food accommodations, and generally get a great deal for gambling. As long as that is going on, the politicians will never have any problem passing ridiculous laws that serve only to benefit the gaming industry and hurt the rest of us.
Now then, why do I say all of this? Gambling is legal in most American cities, except for New Orleans. And yet there are lots of areas where it is illegal to bet (including parts of Florida, where the law is probably much less strict). So it stands to reason that the average citizen in an Atlantic City, Las Vegas, or Jacksonville area does not have an extremely large amount of exposure to gambling, and therefore has no reason to be worried about it. Whereas the average citizen of a enormous northern city like Toronto or Montreal would.
But that is my point: it isn’t the laws that govern gambling which are bad. It’s the politicians who pass these laws that are bad. That’s my main post, but if you read the whole thing, you will find that I am not quite as harsh on the gambling community since I was before publishing this report. In fact, I actually support legalized gambling in Las Vegas. And why I support it, I will tell you in a later article.
My main beef with gambling generally, and Las Vegas in particular, is that it degrades the value of your home and raises your property taxes. It decreases tourism, and it causes problems in other areas of government, such as urban planning. And, perhaps worst of all, it destroys family bonds, which is allegedly one of the goals of marriage in the beginning anyway. The only way that gambling should be legal in Las Vegas is if you are married to a casino employee and know nothing else about betting, or if your family owns a house in Las Vegas and you want to gamble with your cash.
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