I think that the recent explosive growth of casinos has seriously outstripped demand.
A lot of these NA Casinos were built on speculation and I personally believe a lot of them (except for the larger ones) are going to end up losing money.
I live in Washington and there casinos everywhere now, I don't know of a single person who actually goes to any of these and gambles on a frequent basis, or any basis at all for that matter. I just honestly don't that think that this many casinos can be sustained.
-- spectacular422
(To reply, click here)
I understand the Indian Tribes wanting to make better lives for their people and no real problem with Casinos. The real issue of Indian Casinos is not that there are too many it is that that not all tribes use the money to make lives better for their people. Many reservations in Oklahoma still have very high poverty and addiction levels despite the millions made from Casinos. This is because most tribes do not own all of the rights (private non-native companies often own a large share of the casinos) or get all of the profits from a casino and even if they do it is controlled by a sometimes corrupt tribal council. If you go to a reservation near a casino you will often still see the same run down homes and lack of material goods that you would have seen before casinos became the norm. A young Indian man that I know has had to be taught how to use a computer as an adult because the reservation school that he went to did not have enough for the students to use despite the fact that his tribe owns two of the biggest casinos in the state. The next time you go into a casino feel free to have fun, but be cynical that the people who own the Indian casinos are any better that the mob bosses that developed and controlled Las Vegas for so long.
-- okiegal
(To reply, click here)
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I think that the recent explosive growth of casinos has seriously outstripped demand.
A lot of these NA Casinos were built on speculation and I personally believe a lot of them (except for the larger ones) are going to end up losing money.
I live in Washington and there casinos everywhere now, I don't know of a single person who actually goes to any of these and gambles on a frequent basis, or any basis at all for that matter. I just honestly don't that think that this many casinos can be sustained.
-- spectacular422
(To reply, click here)
I understand the Indian Tribes wanting to make better lives for their people and no real problem with Casinos. The real issue of Indian Casinos is not that there are too many it is that that not all tribes use the money to make lives better for their people. Many reservations in Oklahoma still have very high poverty and addiction levels despite the millions made from Casinos. This is because most tribes do not own all of the rights (private non-native companies often own a large share of the casinos) or get all of the profits from a casino and even if they do it is controlled by a sometimes corrupt tribal council. If you go to a reservation near a casino you will often still see the same run down homes and lack of material goods that you would have seen before casinos became the norm. A young Indian man that I know has had to be taught how to use a computer as an adult because the reservation school that he went to did not have enough for the students to use despite the fact that his tribe owns two of the biggest casinos in the state. The next time you go into a casino feel free to have fun, but be cynical that the people who own the Indian casinos are any better that the mob bosses that developed and controlled Las Vegas for so long.
-- okiegal
(To reply, click here)