Is Florida ready for more games of opportunity? A new commissioned study says, ‘Why not?’
Florida is already among the more active states when it comes to gambling. There are casinos, racetracks, and jai alai frontons, and many among these venues appear most likely to see slots coming to them in the not too distant future. And that’s ok, in accordance with a brand new report that says such an expansion might have only a ‘minimal’ impact on their state from both an economic and social perspective.
Impact of Gambling Examined
That was the finding that is biggest from a report by the Spectrum Gaming Group, a fresh Jersey-based research firm that performed the analysis with respect to the Florida Legislature. The report cost $400,000 to finish, and was taken in order to weigh the impact that is potential costs of expanded gambling in the Sunshine State.
Based on the report, those impacts would be tiny.
‘The expansion of casino gambling, whether on a scale that is small really large scale, would have, at best, a moderately positive affect the state economy,’ the report stated.
That conclusion isn’t likely to excite or infuriate anyone. But more interesting, perhaps, ended up being information gleaned about Florida’s current gambling market.
Based on the report, the average Floridian gambler spends about $866 per year on gambling. This is mostly about 16% less compared to the national average. Still, Florida residents account for about 93%