🚀 go-pugleaf

In article <9301222147@drktowr.chi.il.us> magus@drktowr.chi.il.us (Louis Giliberto) writes:
>Ted Frank (thf2@ellis.uchicago.edu) wrote:
>: In article <1993Jan06.110247.3112@uumeme.chi.il.us> sfoley@uumeme.chi.il.us (Sean M. Foley) writes:
>: >  There can be no doubt here; Obviously, casinos would bring Chicago a large
>: >amount of needed revenue, and that can only be positive to the community in
>: >general.. 
>
>: Your initial assumption is false.  70-80% of the gambling would be done
>: by Chicago residents.  That's a net outflow of money to out-of-state
>: casino owners, especially when you include the fact that money spent 
>: on gambling is not going to be spent on local businesses.
>
>It's not false.  The net outflow of profit goes out of state, but not
>the tax revenue.  At any rate, a gambler is going to spend his money
>on gambling and not on local business.  The only difference is the
>money will go to the casino owners instead of a bookie.

And the bookie will spend his earnings in Chicago, and the casino owners
will spend them elsewhere.
-- 
Jonathan E. Quist                              Lachman Technology, Incorporated
jeq@i88.isc.com  '71 CL450-K4 "Gleep", DoD #094        Naperville, IL
 __       There's nothing quite like the pitter-patter of little feet,
 \/                   followed by the words "Daddy!  Yay!"