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Sunday, January 23, 2005

Gambling's ill effects may hurt mayor's odds...

As always... Russ Pulliam is 'coming up diamonds'. Check out his article in today's Star...



Russ Pulliam, Indy Star

"Maryland has had legalized gambling for much longer than Indiana, and its attorney general, J. Joseph Curran Jr., has repeatedly warned that the costs outweigh the benefits. He points to studies by Earl Grinols, an economics professor at the University of Illinois-Urbana-Champagne. Grinols estimates that casino-style gambling costs a state economy $219 per adult, compared to $46 in benefits, including tax revenue and new jobs.

"There's a downside to gambling," says Curran. "Compulsive and problem gamblers' creeping financial desperation causes much of the increased crime, while also contributing to the other social problems like family violence and child neglect, bankruptcy and homelessness and suicide."


[Read complete article at IndyStar.com]


[Bingo, Russ!]

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