Casino

[jeezeweeze]

Thought I would share this. In todays newspaper, re/casinos. Kinda something to wonder about if DC gets its casino.

Casino revenue squeezed | courier-journal | The Courier-Journal

[KONQ RADIO]

May said, he'd pay $85 to buy in at a poker table, and $50 of that went into the pot. The remaining $35 was the casino's "juice."

But if he pays $100 at friends' houses, May said, "you're gambling with the whole $100."

AND the whole pot stays in the private sector.... imagine the poor politicians having to do without some "juice" too.

[Mike B.]

Originally Posted by jeezeweeze

Thought I would share this. In todays newspaper, re/casinos. Kinda something to wonder about if DC gets its casino.
Casino revenue squeezed | courier-journal | The Courier-Journal

Something to wonder about when DC gets a casino.

If this trend continues and proves true in Kansas also, will we see the locals paying the light bill at the casino?

[old timer]

The money from the casino for any one in Dodge will be for concrete, land, building it, etc. and a few low paying jobs. Then, money will be sucked out by the state and the out of town casino management company (both applicants are). The additional casino restaurants will kill other restaurants in town. The additional hotel rooms, etc., etc.

And with $4.00 plus gas in the mix now (gee, and we didn't plan on that -- duh), we won't need thousands of seats at the now three events centers being planned, including the mostly empty civic center. We will need 50 city employees added to run them, and a lot of property taxes going up and up to support the whole thing. So the city management guys love it -- more employees, more salary -- and the land sales guy loves it -- and the big concrete guy -- and the lawyers and the jails.

Sell your property now. The taxes will eat you up later.

[Bubba]

Nobody would mistake you for an optimist, that's for sure.

[old timer]

all of the original concepts of Why Not Dodge, knowing that building the Events Center near the downtown core would be helpful to all concerned.

My reaction to the casino applicants grabbing our sales tax money for their own gain, and to save millions of dollars for themselves isn't anti-optimistic -- it is just being realistic about facts.

Blind optimism, based on false facts, would be stupid. I don't normally like being stupid. The greed and personal gain being pushed by a small number of locals using false facts -- as in what a great financial help the casino will be to Dodge -- isn't being negative. It is reading the research.

Time will tell, as they say. Perhaps we'll all still be around in five years after the dust blows away and the casino/events center is standing in a pasture. We'll see what the actual cost to the city has been. And what gain. I hope to be wrong, by the way. If I'm correct, the cost will be massive, the gain negative and the problems increased greatly for the town -- except for the gain that a few make and take with them on their way to Arizona or Wisconsin or Florida........... you dear citizens will be holding the bill for a long time. And for what ? Gambling. Oh boy, how glamorous and modern is that.........

[aft_lizard01]

Originally Posted by KONQ RADIO

AND the whole pot stays in the private sector.... imagine the poor politicians having to do without some "juice" too.

I have never heard of such a thing in all my years playing poker. Here in Phoenix and in most Casinos I have played you pay a rake that is 3 dollars per hand, and it is shared amongst all of those playing not by the whole table for that hand. If a casino is doing a 35 dollar house cut for live play then he is trully getting screwed. If it was tournament play it is still high but not abnrmal to see. A 50 dollar tournament here is generally 30 to to the pot and 20 for the house. A terrible percentage but it is a tournmant here you have a chance to win ten times or more your buy in.

[KONQ RADIO]

liza, you must have missed this:

But if he pays $100 at friends' houses, May said, "you're gambling with the whole $100."