Legalizing Gambling In Ohio

Legalizing Gambling in Ohio

Just a decade ago gambling was limited to two cities in the United States, Las Vegas and Atlantic City. Today there are only two states that don't have some form of legalized gambling, such as lotteries or bingo. Since commercial casino gambling was legalized in Nevada in 1931, the public attitude toward gambling has shifted from prohibition to permissiveness. Pamela M. Prah discovered in 2004, that there are "11 states that have commercial casinos, six have riverboats or docked casinos, and 23 states have within their borders casinos that are owned and operated by American Indian tribes." There is no doubt that legalized gambling has "exploded in the region and around the country, from the internet and multistate
A good indicator of what might happen is looking at the situation Las Vegas found its self in shortly after legalizing gambling in 1931. After Nevada legalized gambling the crime syndicates found a new way of producing income, casinos. The casinos that they ran would have such high odds stacked against the gambler, it was almost impossible to win. Another way the made a profit was to loan money to gamblers who ran out of money, at extremely high interest rates. If someone failed to pay on time the mob would come and "collect", this usually meant torture, or even murder. Today researchers have found that "organized crime is more of a product of illegal or poorly regulated gambling than well-regulated gambling," according to William R. Eadington. Also because of previous public scrutiny casino companies have taken into their own hands to be "Dominated by publicly-held companies, many with household names like Hilton and Sheraton, The casinos are also answerable to their shareholders, who are thousands of individuals and institutional investors. They are also answerable to the Securities Exchange Commission, and indistinguishable from any other business with accountants, attorneys, payroll specialists, auditors, and market researchers. On top of all of those things, they are licensed and tightly regulated by state governments,"
According to Lamar E. Cooper Sr, "The Bible teaches that we are to live by our own work, not by the exploitation of others." He also states that, "Gambling is not an investment in anything; it is a simple win/lose proposition in which the winner takes all and the loser forfeits all." If commercial casinos are legalized in Ohio, the 11 proposed sites for land- based casinos would generate an estimated 610 million in tax revenue on winnings, of the estimated 610 million received in taxed revenue, some will go towards rehabilitation and education for problem gamblers. Contrary to Cooper, gambling is an investment were the loser ends up winning in the long run through education and rehabilitation and also the winner doesn't take all because their winnings will be taxed. Also by legalizing commercial casinos we will be living by our own work, because the proposed 11 casinos would create an additional 85,000 jobs in Ohio which in turn means more revenue going to the state of Ohio through income taxes. Also giving the workers the opportunity to spend money they worked for, within our states casinos instead of going out of state to