Throughout the country there be galore(postnominal) casinos, race undercuts, and racinos (racetracks with slot machines) that rely on gambling as a main attraction. Under U.S. federal law, gambling is legalized and can be regulated by each state. Kentucky is one of the few states that has non fully legalized gambling. In Kentucky, the best-known attraction is Churchill Downs. Churchill Downs is a horseracing track where the major form of income, re tout ensembley the only form, is gambling. So wherefore can a Kentuckian gamble at the racetrack and not at a casino? This issue as shown by the positive outcomes of gambling such as state revenue, jobs, and soaked attractions proves that the law should be changed in order to shift from insolvency to fortune.
inch passed a law allowing gambling casinos to open, such as the shoe casino in southern Indiana. It is very easy for person in Kentucky to gamble at a casino. If a Kentucky occupant wants to go to a casino, all they have to do is hop on across the river to Indiana. This is a major drawback of the law against gambling in Kentucky. Casinos are major moneymakers for state governments because the casinos have to pay taxes to the government. tally to Dr.
Jim Landers of the Indiana Legislative Services Agency, Indiana government imposes a 20 percent tax on riverboat casinos. This means that all of the Kentucky people who are going across the river to gamble are giving money to other states, money that could have been worn out(p) on something beneficial to the state of Kentucky, such as a new bridge in downtown Louisville. According to Richard A. McGowan, a professor at the Carroll School of Management at capital of Massachusetts College, The follow spent on gambling far surpasses the amount Americans spend on other forms of entertainment such as recorded music, movies, theme parks, and video games combined. This information shows that Kentucky has the chance to turn with casino revenue, the citizens of the state should be rancorous...If you want to get a full essay, order it on our website: Orderessay
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