Why Casino gaming is good for Massachusetts
• Massachusetts Residents Want It! Polls indicate that Massachusetts residents strongly support casino gaming through a resort-style casino. Bay Staters spend $900 million on casino gaming in Connecticut and $4.5 billion on the Lottery annually.
• Economic Stimulation. Job growth from resort-style casinos decreases unemployment rates, welfare rates, and crime on a per capita basis. Resort-style Casinos also have been shown to increase home values in their surrounding areas.
• State Budget Crisis. $1.3 billion structural deficit. Crumbling roads and bridges. Cash-strapped cities and towns with local revenues barely keeping up with inflation. High property taxes. And growing health care, pensions, education and capital improvement needs. All point to the need for more public revenues.
• Stagnant Job Growth. Our economy continues to feel the pain of the 2001 national recession. Since the recession, Massachusetts has seen a sharper decline in employment than any other state in the nation.
• A Mature Lottery. The Lottery has reached a state of maturity. Growth is at just 1.8%, compared to the national average of 6.9%. Massachusetts relies heavily on two revenue streams – property taxes and the lottery to fund its 351 cities and towns. We need additional sources of revenue.
2008 Calendar
March 2008
March 11 - 7pm - 9pm
Quinnipiac University
Gambling Symposium, Mancheski Executive Seminar Room at the Lender School of Business Center, 274 Mount Carmel Ave., Hamden, Connecticut
March 18 - 10am
Gardner Auditorium
Committee on Economic Development and Emerging Technologies has scheduled a hearing on its gaming bills
March 25 - 6pm
Middleboro High School
Bureau of Indian Affairs holds hearings on Mashpee Wampanoag Tribe's application to take land-in-trust and pursue casino gaming on such land
March 26 - 6pm
Mashpee High School Auditorium
Bureau of Indian Affairs holds hearings on Mashpee Wampanoag Tribe's application to take land-in-trust and pursue casino gaming on such land
April 2008
2nd week of April (date TBA)
House Budget Estimated To Be Due
May 2008
Mid-late May
Senate Budget Estimated To Be Due
June 2008
July 2008
August 2008
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