Broken clouds
Broken clouds
55.4 °F
July 31, 2014
River Reporter Facebook pageTRR TwitterRSS Search Login
news

Report: gaming costs outweigh benefits


The report also says that the distribution of benefits from the casinos to communities would be widely inequitable from one place to another. For instance, in one scenario, if a casino were to be built in the Concord site in the Town of Thompson, that town would receive benefits equal to about $490 per capita adult (PCA), while the rest of the towns in the county $75 PCA, and downstate communities would receive about $20 PCA. Many residents of the Town of Fallsburg would live closer to the casino than many Thompson residents and would experience the impacts such as increased traffic.

The report asks, “if casino expansion is to be so beneficial for all residents of the state, why should those in host towns receive a state tax benefit so much greater than everyone else? As host towns, presumably their ‘casino dividend’ already far surpasses that for non-host towns and counties.”

Like other groups, CAGNY also opposed the language of the referendum question that will appear on the ballot. It will read, “The proposed amendment to section 9 of the Constitution would allow the legislature to authorize up to seven casinos in New York State for the legislated purpose of promoting job growth, increasing aid to schools, and permitting local governments to lower property taxes through revenues generated. Shall the amendment be approved?”

The report says, “Comparing this with the straightforward language of other amendments to appear on the November ballot leaves no doubt about the level of interference from the Governor and other Albany casino supporters in the process of ‘let the people decide.”

Go to cagnyinf.org to read the entire report.