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Saturday, January 28, 2012

PROS AND CONS OF MEGA CASINOS IN MIAMI


Published in El Nuevo Herald on December 11, 2011

Many comments are around the project for a mega casino in the city of Miami. So,  in order you can be more objective, below outlines what we believe are the truths and falsehoods to the issues raised.
-It is true that the casino has recruited a distinguished former congressman to represent them in government negotiations. Undoubtedly, this adds an additional advantage in any negotiation.

-It is true that the revenues generated by these casinos are not reinvested in the city, county or state. Could be achieved to secure legislation in 20% of the net profit the amount to be reinvested in the community. This would be in business investment that will generate direct employment, other than the game.
-It is true that the dealer authorization for a mega casino will make legally inevitable appearance of the like.
-It is true that a flood of casinos will dethrone the former desert of Vegas as the Mecca of the international game.
-It is true that Miami was not conceived as Vegas and therefore its infrastructure would not support an enormous motor traffic.
-It is true that thousands of jobs will be created that  logically doesn't  exist right now.
-It is true that state revenues will be increased significantly.
-It is not true that Miami would become a major tourist destination. It already is.
-It is not true that the game generates more economic activity. On the contrary, small businesses will disappear and with them the small entrepreneur.
-It is not true that this mega casino can be approved without a final submission to an electoral vote.


    BENJAMIN F. DeYURRE

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