The economic impact of casino gambling

Do you think casino gambling would be good thing for Miami? Why or why not.

Requirements: 200-300 words

Answer preview

Since casino gambling was started in Miami, tourism activities have shot up by 6% over the past half-decade. In addition, statistics show that Miami alone collected well over $32 billion in tourist revenues in 2019 alone, compared to the national average of $31 billion (Revell, 2021). The robust tourism business in Miami is largely attributed to the presence of casinos as tourists have stated that this is a huge appeal to them. The federal government also collects a huge chunk of revenue from all operational casinos in Miami. There have been claims that casino gambling is impacting the Miami locale negatively because of gambling addiction. However, with proper management, gambling need not be an issue. The benefits of casino gambling in Miami far outweigh the drawbacks.

[356 Words]

The economic impact of casino gambling

 

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