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Posted (edited)

I still find it ironic politicians will lose their minds over legalizing prostitution but are a-ok with legalizing all sorts of things related to alcohol, weed, firearms, gambling, etc.  

 

All your vices belong to us. - government

Edited by dpberr
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Posted
  On 5/14/2018 at 4:28 PM, BringBackFergy said:

Are there any links you can provide showing that availability to "gambling" results in an increased rate of foreclosure? Was the real estate crash of 2008 attributable to gambling or just Americans over-extending themselves? (i.e. buying a house that was beyond their means).

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Have you not seen The Big Short?

 

An EXCELLENT movie that EVERYONE should watch!

  On 5/14/2018 at 4:30 PM, dpberr said:

I still find it ironic politicians will lose their minds over legalizing prostitution but are a-ok with legalizing all sorts of things related to alcohol, weed, firearms, gambling, etc.  

 

All your vices belong to us. - government

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Hard to run on "family values" and legalize prostitution...although that morality line seems to be getting blurrier by the day.

Posted
  On 5/14/2018 at 4:26 PM, BurpleBull said:

Won't this just open the door for more speculation that the refs are in cahoots with the Patriots whenever they play the Bills and get the favor of head-scratching calls?

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Do you want to bet on it? :devil:

Posted
  On 5/14/2018 at 4:33 PM, Chicken Boo said:

 

Have you not seen The Big Short?

 

An EXCELLENT movie that EVERYONE should watch!

 

 

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I certainly did. The one scene where the stripper said she owned four condos...had nothing to do with "gambling" at a local casino or placing a $20 bet on a game. Had to do with her decision (like millions of others in 2008) to buy a $400,000 house on a $50,000/year income.

 

Saratoga Springs, NY has a beautiful horse track and attracts millions of spectators each year. They also have a casino/slots. The housing market is vibrant.

 

I just don't believe there is a clearly defined correlation between gambling/sports betting and foreclosures.

Posted (edited)
  On 5/14/2018 at 4:28 PM, BringBackFergy said:

Are there any links you can provide showing that availability to "gambling" results in an increased rate of foreclosure? Was the real estate crash of 2008 attributable to gambling or just Americans over-extending themselves? (i.e. buying a house that was beyond their means).

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https://www.washingtonpost.com/news/wonk/wp/2012/10/30/studies-casinos-bring-jobs-but-also-crime-bankruptcy-and-even-suicide/?noredirect=on&utm_term=.061a538f275c

 

https://www.sciencedaily.com/releases/2017/01/170103101751.htm

 

There are so many links it is tiring to look through them all. Google them and you will see the same results time after time. No one really refutes it. They just all go along as gov't and local gov't profit off of it without realizing or caring(?) that it cost as much or more to deal with the problems then they get back. This is why locals hold out for an enormous rights fee paid to local gov't when casino is interested in locating in their areas. If they know if it is inevitable they are coming to at least get an early pay day.

Edited by cba fan
Posted
  On 5/14/2018 at 4:29 PM, Mr. WEO said:

 

Why?  Who would need to travel to that dump just to lay a sports bet?

 

 

How would the league(s) get money?

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Licensing, promotions/ad rev, partnership.

Posted
  On 5/14/2018 at 4:30 PM, dpberr said:

I still find it ironic politicians will lose their minds over legalizing prostitution but are a-ok with legalizing all sorts of things related to alcohol, weed, firearms, gambling, etc.  

 

All your vices belong to us. - government

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Vice “sin” Taxes... when govt looking for revenue streams... also decreases rate of encarceration... its not illegal... win win

Posted
  On 5/14/2018 at 2:35 PM, PromoTheRobot said:

 

Legal pot, legal betting, all that's left are legal hookers. Woohoo!

 

I'm going to have to differ with you there. The simple reason is rural areas don't generate tax revenue like urban areas do. In fact I'd be willing to bet the opposite is true.

 

People in Buffalo like to think that they are supporting New York City with taxes. The fact is NYC carries the rest of the state.

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They aren't hookers if you film it. They are actresses.

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Posted
  On 5/14/2018 at 2:48 PM, jmc12290 said:

Can this Trump administration do wrong?

 

MAGA indeed!

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You can thank NJ and his arch-nemesis Chris Christie for getting SCOTUS, not POTUS, to rule PASPA as unconstitutional. In fact, Trump strongly opposed striking it down, probably because he holds grudges like a school girl.

Posted
  On 5/14/2018 at 2:35 PM, PromoTheRobot said:

People in Buffalo like to think that they are supporting New York City with taxes. The fact is NYC carries the rest of the state.

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Over 80% of my county property taxes goes towards medicaid, for ppl in NYC.  So no, you're wrong.

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Posted

how big a market is out there that never thought to gamble before?

 

i'm assuming everyone who wanted to was able to find a way.

 

 

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Posted
  On 5/14/2018 at 6:11 PM, MAJBobby said:

So how long until stadium put “books” in the stadiums ala Europe and the Premier League??

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As soon as the leagues realize that this is the only way they'll get a piece of the betting action (charging a "convenience" fee).

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