John Mitty Thursday, May 16, 2013 |
Owing to strict restrictions on gambling in New York, New Yorkers have to take their gambling business elsewhere, which means that a substantial amount of money leaves the state. Gambling takes place in New Jersey and other states surrounding New York instead of inside of state lines. Realizing the economic welfare that a casino could bring to New York, state officials are discussing opening a large casino in Long Island. Right now the proposal takes the form of a bill which is going before the state legislature. There is a lot of major support for the bill, and it has a very strong chance of passing.
The casino would be constructed on the Nassau-Suffolk county line so as to equally benefit both counties. It is estimated that millions of dollars leave the Long Island economy every day due to gambling across state lines. The economic struggles of Long Islanders were drawn into sharp relief this past year by Hurricane Sandy. By building the casino, state officials would encourage gamblers to keep their business on the island, which means their money would stay on the island too and bolster the struggling local economy. Casinos may also be constructed in upstate New York so that the rest of the state can benefit from the new legislation.
jmitty@longislandyellowpages.com Appears In: Business News
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