It may be NH Primary Day, but that doesn't mean state policy questions are taking the day off.
The New Hampshire House is set to vote soon on the latest proposal to legalize casinos. Gov. Lynch has promised to veto any bills that allows expanded gambling, but the current bill has earned the support of House leadership. In addition, the recent decision by Massachusetts lawmakers to legalize casinos in that state has raised the stakes in New Hampshire's gambling debate.
Our models continue to suggest that expanded gambling would bring a net economic benefit to the state –- in terms of economic development and state revenues –- even with new casinos in Massachusetts and after offsetting costs associated with pathological gambling. However, our model does not account for the potential negative effects of expanded gambling on New Hampshire’s “brand” and attractiveness as a destination for tourists and others. Nor does it consider the question of the proliferation of gambling activities or any political concerns associated with a single industry or organization playing a large role in financing the state’s activities.
Read more here.
New Hampshire must earn an honest buck, even if a broad-based tax is required. We cannot expect to continue preying on people's weakness and false hopes through lottery and gambling.
Posted by: Allan Berggren | January 11, 2012 at 04:04 PM