Florida Gambling Study Gives Vague Answers

Is Florida ready for more games of opportunity? A new commissioned study says, ‘Why not?’

Florida is currently among the more states that are active it comes to gambling. There are casinos, racetracks, and jai alai frontons, and many of these venues look likely to see slots arriving at them in the forseeable future. And that’s okay, in accordance with a new report that says such an expansion would have only a ‘minimal’ impact on hawaii from both an economic and perspective that is social.

Effect of Gambling Examined

Which was the finding that is biggest from a report by the Spectrum Gaming Group, a fresh Jersey-based research firm that performed the study on behalf of the Florida Legislature. The report cost $400,000 to finish, and was taken so as to weigh the impact that is potential costs of expanded gambling into the Sunshine State.

In accordance with the report, those impacts is tiny.

‘The expansion of casino gambling, whether on a scale that is small extremely large scale, would have, at best, a moderately positive impact on the state economy,’ the report stated.

That conclusion is not likely to excite or infuriate anybody. But more interesting, perhaps, was information gleaned about Florida’s casino-online-australia.net/ current gambling market.

Based on the report, the average gambler that is floridian about $866 per year on gambling. This is approximately 16% less compared to the national average. Still, Florida residents account for about 93% of the $2.4 billion taken in every year by existing Florida casinos, and about one-third of Florida grownups who live in a hour of a casino gamble at their casino that is local at annually.