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re: Sharp increase in Mississippi casino revenue in August thanks to sports betting
Posted on 9/24/18 at 10:43 am to rowbear1922
Posted on 9/24/18 at 10:43 am to rowbear1922
quote:
I want it for the revenue stream it would create for our broke arse state. People are going to gamble on the games either way so LA might as well make some money off of it.
To the extent it draws gamblers from other jurisdictions, it's a net revenue positive. Money gambled by local citizens is just cannibilized from other local businesses. What you gain in casino taxes you lose from sales taxes.
Posted on 9/24/18 at 11:19 am to eScott
quote:
And y'all want this.
Its none of your damn business what other people spend their money on if it doesn't hurt others.
Posted on 9/24/18 at 11:48 am to tigerinthebueche
quote:
you should probably lay off the herb yourself.
I've never smoked a cig, much less weed, pal.
Posted on 9/24/18 at 12:06 pm to AA77
I helped keep that number down. I took LSU to cover against Auburn.
Posted on 9/24/18 at 1:24 pm to member12
quote:
There are at least 2-3 empty casinos there
There's 7 up there.
Posted on 9/24/18 at 3:42 pm to eScott
quote:
And y'all want this.
People are going to part with their money. No one is forcing them to gamble. If they are going to gamble anyways, why the hell not have it spent and taxed here?
Posted on 9/24/18 at 3:44 pm to OysterPoBoy
quote:
Dads lose money to the casino that was supposed to feed their kids.
Can be said for alcohol, tobacco, strip clubs, movies, tv, cars, shoes, etc. All of those are legal.
Posted on 9/24/18 at 3:46 pm to eScott
quote:
You have that backwards. The people who can afford to go to casinos don't. The ones that do are the exception. So what if the money would have stayed in LA, it stays at the casino.
You realize there is a difference between the lazy senior blowing their social security check while smoking at a one-arm bandit at the Treasure Chest, and a wealthy out of towner who spends a weekend at a high end casino resort?
Posted on 9/24/18 at 3:47 pm to eScott
quote:
And y'all want this.
if they're gonna throw money away, might as well have em throw it away in this state.
Posted on 9/24/18 at 4:03 pm to OysterPoBoy
quote:
Based on these reactions we need more churches not more casinos.
We got plenty.
Posted on 9/24/18 at 4:05 pm to eScott
quote:
One is a drain on the economy, the other isn't.
You are right. How much money is Jesse's house in Destrahan draining from the economy, by being considered tax-exempt property?
Posted on 9/24/18 at 4:10 pm to Jim Rockford
quote:
. Money gambled by local citizens is just cannibilized from other local businesses. What you gain in casino taxes you lose from sales taxes.
Casino tax in LA is 21.5% of adjusted gaming revenues... i'e. gaming collections less winner payouts.
Sales tax is less than half of that.
Posted on 9/24/18 at 4:15 pm to eScott
quote:
And y'all want this.
So you believe in government dictated morality? Why do you give a shite if someone blows their money on gambling?
Posted on 9/24/18 at 4:24 pm to OysterPoBoy
quote:
Based on these reactions we need more churches not more casinos.
Talk about a waste of money, giving it to some preacher so he can buy a bigger jet airplane.
Jesse Duplessis ring a bell?
Posted on 9/24/18 at 6:30 pm to AA77
I bet this is news to the gaming commission in MS because casinos only reported $645k in winnings (all combined) in MS for sports betting.
MS Gaming Commision
MS Gaming Commision
Posted on 9/24/18 at 9:20 pm to member12
quote:
Would this help Tunica not suck?
I know of one that is opening up sports betting next week
Posted on 9/24/18 at 9:23 pm to eScott
quote:
What does that tell you.
tells me that us Mississippians (and some of our Louisiana brethren) had a hell of a lot of fun at the sports books in August.
Posted on 9/25/18 at 7:33 am to OysterPoBoy
Not the casino’s fault if people get addicted
Quit using casinos as a scapegoat
Quit using casinos as a scapegoat
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