how the heck does a casino need a bail out. joke!!!
Maryland is crushing Delaware with their casinos.
Let them fail. No bailouts.
T.E.A.
Welfare is welfare regardless of the recipient.
Look at what the casinos have done for Detroit.
I personally don’t care if people want to blow their money on gambling but don’t blow smoke up my rear exhaust port and tell me what wonderful economic drivers they are.
Hmm...why should you sit there and mindlessly give your money to a casino when you can cut out the middleman and mindlessly give your money directly to the state?
If you live in Delaware, start a business and pay yourself a salary of a million dollars a year and then go to the state legislature when you go broke.
So what did they do with their money? My friend the Indian tells me that “casino tribes” have a top-down system of distribution that resembles the 1% on Wall Street. The bigwigs, or “tribal elders,” who are not all old, grab 90% of the proceeds, and the guys on the bottom get only enough to stay drunk. Distribution of assets chart looks like a teepee, very broad on the bottom. It’s pathetic, as there’s so much fetal alcohol syndrome, the system will only get worse.
The house always wins in the end.
The next thing that will come is that they will need to subsidize the horserace track. The casinos were brought in to keep horse racing going. Gotta keep the casinos going, so all the big money that owns horse stables is satisfied.
Seems like Delaware Casinos gambled with folks money...and getting a bailout. Let em fail
Something is drastically wrong in this country.....
“Casinos were allowed into Delaware “to bring in money” and now they are spending taxpayer money to subsidize the casinos!”
The lottery was sold in NJ as a means to raise revenue for schools; as a result we have among the highest school taxes in the nation and the most expensive teachers...
Casinos don’t solve anything; even in a good economy Atlantic City NJ was a large ghetto with a sliver of wealth. The parking lots for buses to shuttle employees across southern NJ from Pennsylvania are a real indication of how badly that gimmick misfired...
This at the same time that the governor wants to raise the gas tax and is prepared to shut down the government to get it.
Invest in rope manufacturing. Miles of rope are going to be needed.
“Casinos were allowed into Delaware “to bring in money” and now they are spending taxpayer money to subsidize the casinos!”
Only a liberal state would tax its cash machine out of business then subsidies them when it inevitably starts to fail.
“Minimize layoffs” is an absurd use of taxpayer funds. Those wretched politicians need to be laid off.