The Alabama Moderate

Painting the Red State Purple.

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No Bingo in Argo

Posted by ALmod on April 22, 2009

Thank goodness.

It’s not that I have the typical Christian right stance on this, either.  Honestly, I’m all for personal responsibility, and I’m under no delusion that folks won’t just go and gamble elsewhere.  My concerns are driven by one thing– money.

No matter what supporters say, there’s no legal guarantee that Argo would have gotten its fair shake of proceeds from any gambling establishment here.  Alabama law just has too many loopholes, and I’m an all or nothing kind of girl.  Can gambling be used as a legitimate means to fund public projects and create jobs?  Yes, but only when done right.  We need a gaming commission and all the regulations that come with it.  We need to make sure that the local and state government will be getting enough money from these establishments to make having them worthwhile.  I don’t approve of a gambling ban, but I’m not willing to let them run amok, either.  Legalization with oversight and taxation seems like a happy medium.

Until we have some sort of oversight in place, I’m not buying the snake oil.

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One Response to “No Bingo in Argo”

  1. Rob said

    Two more things to keep in mind about gambling as a revenue source:

    1. Revenues decline over time — more slowly if you spend heavily on promotion.

    2. The government that receives the revenue also has to cover much of the social cost of gambling, including increased crime and indirect loss of revenue from other sources.

    Gambling is an addiction, and to raise money by feeding it is never a very sound policy choice.

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