D3 Ginny Nolan The first thing that stood out to me in the Goodman reading is just how lucrative the casino business is. When other businesses generally earn 5 to 8 percent, casinos generally earn a whopping 30 to 50 percent yearly profit (page 3, lines 2 and 3). These numbers are astounding to me. I never had a problem with the casino industry before. I always figured that people should be able to spend their money and if they have a gambling problem then they need to get help and fix it themselves- the casinos have a right to make money too, however, after reading these figures I am beginning to think twice about this. Is it right for casinos to make up to 10 times the profit of a normal American business off of people’s addictions? The next thing that I was surprised to read was that casinos may not offer the economic benefits that they might promise (page 6, second paragraph, line 2). Las Vegas thrived because it was, for a long time, one of the only two places to legally gamble. This brought in much tourism from
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This note was uploaded on 10/20/2011 for the course HTM 260 taught by Professor Fernsten during the Fall '08 term at UMass (Amherst).