Log in

Gambling on gambling

  • Written by William Reed/NNPA

William Reed-160Gambling and gambling-related problems are common among all racial and ethnic groups, but there's evidence that African Americans are more likely to experience more serious gambling-related troubles than White Americans. At the forefront of gambling's rise across America have been Black politicians. Recently Florida's first African-American lieutenant governor resigned her position because of a scandal involving a purported veterans' charity that authorities said was a front for a $300 million gambling operation. Lt. Gov. Jennifer Carroll, a 53-year-old Republican was not among those charged.

But Carroll will hardy be the sole Black politician with a role in gambling in America. As gambling remains legally restricted in the United States, its availability and method of expansion is often based on actions by Black politicians. In 2007, U.S. gambling activities generated gross revenues (the difference between the total amounts wagered minus the funds or "winnings" returned to players) of $92.27 billion.

Few can argue the economic impact of legalized gambling: construction jobs toward building casinos, staffing of the facility by locals employees, and suppliers for ongoing casino operations, all provide multiplier effects that ripple throughout the overall economy. Black politicians have played pivotal roles in cities such as Detroit and counties like Tunica, Mississippi and towns along the Gulf Coast, in causing gambling to be viewed as "appropriate economic development tools."

Companies in this industry operate gambling facilities or offer gaming activities, including casinos, casino resorts and hotels, bingo halls, lotteries, and off-track betting. Nevada is the only state where casino-style gambling is legal statewide. All other states that allow casino-style gambling restrict it to small geographic areas (e.g., Atlantic City, N.J. or Tunica, Miss.). As sovereign nations, American Indian tribes are allowed to open and operate casinos.

For example, the Shakopee Mdewakanton Sioux Community owns Mystic Lake Casino Hotel south of Minnesota's Twin Cities. In some states, casinos are restricted to "riverboats," large multi-story barges that are permanently moored in a body of water. Legal gambling revenues in 2007 were: Card Rooms – $1.18 billion; Commercial Casinos – $34.41 billion; Charitable Games and Bingo – $2.22 billion; Indian Casinos – $26.02 billion; Legal Bookmaking – $168.8 million; Lotteries – $24.78 billion and Pari-mutuel wagering – $3.50 billion. Grand Total – $92.27 billion.

Many say Prince George's County Executive Rushern Baker's support for MGM Resorts International's casino plan at National Harbor may lead him to one of the country's best paying jobs. Baker was the impetus behind the MGM bid to build an $800 million casino-resort on a hill in the county that overlooks the nation's capital. The National Harbor MGM is expected to serve as a beacon for more than 40 million visitors to the capital region each year who gamble. As general manager of the National Harbor MGM, Baker would make five times his $174,540 per year government salary.

If Baker joins the ranks of gambling operators he'll mainly provide a place or a means to play games of chance, including slot machines (slots); video poker, and table games such as roulette, baccarat, blackjack, and craps (dice). The house take on slot machines varies, depending upon the denomination of the slot machine, but generally runs between 5 and 10 percent. The take on most table games may be higher, from 15 to 30 percent. State lottery games often retain between 30 and 40 percent.

A lot of Blacks may join Baker in the industry. Over the next 10 years, jobs in the industry are expected to increase by 470,000. Career possibilities range from architecture to accounting to hotel management, computer science and information technology. Industry employees receive highly competitive salaries and benefits packages that can include health care benefits, retirement plans, paid vacation, child care options and training programs. The industry consistently has extremely high employee satisfaction ratings and impressive retention rates, and a good history of diversity practices across jobs and business opportunities.

(William Reed is head of the Business Exchange Network and available for speaking/seminar projects through the Bailey Group.org.)


0 #22 Exchange Betting 2014-11-03 03:23
Hey! I know this is kind of off-topic however
I had to ask. Does managing a well-establishe d
website like yours require a large amount of work?

I am completely new to running a blog but I do write in my
journal everyday. I'd like to start a blog so I will be able to
share my experience and views online. Please let me know if you have any kind of suggestions or tips for new aspiring bloggers.
0 #21 best online 2014-09-02 05:28
Hey very nice blog!! Man .. Beautiful .. Superb .. I'll bookmark your web site and take
the feeds also? I'm satisfied to seek out so many
useful information right here within the submit, we'd like develop more strategies in this regard, thanks for
sharing. . . . . .
0 #20 Fun slots 2014-08-12 04:53
Good day! Would you mind if I share your blog with my myspace
group? There's a lot of folks that I think would
really appreciate your content. Please let me know.
0 #19 Free online slots 2014-08-12 04:52
Thanks for finally writing about >Gambling on gambling
0 #18 5 reels 2014-08-11 04:49
always i used to read smaller articles or reviews which as well clear their motive, and that is also happening
with this paragraph which I am reading now.
0 #17 http://www. 2014-07-30 07:36
magnificent put up, very informative. I'm wondering why the other specialists of this
sector do not realize this. You must proceed your writing.
I'm sure, you've a huge readers' base already!
0 #16 slots for fun 2014-07-30 05:35
Hello There. I found your blog using msn. This is
a really well written article. I will be sure to bookmark it and return to read more
of your useful information. Thanks for the post. I'll certainly return.
0 #15 free slots online 2014-07-30 05:30
We stumbled over here from a different website and thought I should check things out.
I like what I see so now i am following you. Look forward to going
over your web page repeatedly.
0 #14 free online slots 2014-07-30 05:17
Hey very interesting blog!
0 #13 fun slots fun slots 2014-07-30 03:20
Definitely believe that that you stated. Your
favorite justification appeared to be on the web the simplest
factor to understand of. I say to you, I definitely get irked while
other people consider worries that they plainly don't recognise about.
You managed to hit the nail upon the top and also defined out the entire thing without having side-effects , other people can take a signal.
Will probably be again to get more. Thanks
0 #12 play free slots 2014-07-30 02:45
Right now it sounds like Expression Engine is the best blogging platform available right now.
(from what I've read) Is that what you're using
on your blog?
0 #11 wild symbols 2014-07-29 08:51
Simply want to say your article is as amazing. The clarity in your post is just nice and
i can assume you are an expert on this subject. Well with your permission allow me
to grab your RSS feed to keep up to date with
forthcoming post. Thanks a million and please continue the enjoyable work.

Add comment

Security code