Chris Christie wants to expand casinos ahead of Atlantic City as it is turned out really well. The New Jersey Assembly and Senate gave him a green signal on Monday and approved referendum for giving a chance to inaugurate two new casinos to Garden Staters on November 6, 2016, in Northern Jersey.
How about Danny Aiello and Eli Manning votes in November?
The public is, apparently, not on board to discuss the ideas of having more casinos. According to a poll on June, over 56% of Americans are against expansion of casinos out of AC when 37% are in favor of it.
According to Fat Finger, a daily polling app, Americans may have two different opinions when asked about gambling. When they want freedom to do it for everyone on one side, they are also worried about its harmful effects on the other side.
When Christie legalized online casinos in New Jersey successfully in 2013, the response was mostly in favor when asked about legalization of online casino gambling from national panel.
Only 17% votes were in favor of laws restricting gamblers who were smokers and drinkers as well. Even though people want freedom for gambling for others, they also don’t want gambling to be happened in their backyard as well. It means 60% of Americans don’t want expansion of online casino gambling in their state.
Obviously, Christie is not the only public official who wants to crave the revenue from gambling. But public are willing to spend an endless amount of money in playing casino games against their property. This is the reason most citizens in NJ are conscious. They are worried that the upcoming casinos would just cannibalize the old casinos just like those cannibalized state lotteries in Atlantic City.
What Brings Us to Powerball?
Major jackpots outperform the gambling competition. People who claim to buy ticket for the prize of $1.3bb are 50% more than the people who claimed to play for the prize of $450mm in Feb 2015.
Since there are no signs of growth for gambling pie, a bad month has recently got worse for Atlantic City. Just like the old casinos served as a backdoor tax for the poor, upcoming casinos are a tax to everyone at this range of saturation, to the construction industry.