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angeloko t1_j2ywzpv wrote

That's it?! Feels like they could easily set this to 1B.

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squall571 t1_j2yztk9 wrote

You know a society is in decline when more Casinos are popping up

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Barebacking_Bernanke t1_j2zrvyz wrote

Replying to squall571 (#1,282,322)

Gambling is a tax on the poor. The addictions they encourage hit the poor the hardest and society will be paying the price for it in perpetuity. In a place like Singapore, they don't even allow locals to play at their casino because they know the toll it extracts on society, so only tourists are allowed.

Somehow, society destroying parasites like casinos are invited into this state and city, while local politicians fought tooth and nail against an Amazon HQ in Queens. This is such a backwards ass system we have. Owning Jeff Bezos on Twitter was more important than protecting the people from the pestilence of addiction, poverty, and crime that follows every casino that has ever been built in America.

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michael_p t1_j305o3m wrote

Table games?! Hopefully that means Live Dealers and not the nonsense slots casinos we have now! Live dealers is not only more fun for the players - it’s countless jobs!

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CactusBoyScout t1_j30cjf0 wrote

Replying to co_matic (#1,282,739)

That was part of a major lobbying effort that the NYTimes just wrote a big investigative piece on.

> Four years ago, betting on live sports was illegal in most of the United States. Now, fans watching games or attending them at stadiums are barraged with advertisements encouraging them to bet on matchups, not just watch as spectators.

> This transformation in sports betting started nearly a decade ago, at first with the explosion of wagering on fantasy sports. Then in 2018, the Supreme Court cleared the way for states to legalize wagers on live games. Today, 31 states and Washington, D.C., permit sports gambling either online or in person, and five more states have passed laws that will allow such betting in the future. Professional sports in the U.S. now are part of a multibillion-dollar corporate gambling enterprise.

https://www.nytimes.com/2022/11/21/briefing/gambling-sports-betting.html?smid=nytcore-ios-share&referringSource=articleShare

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SometimesDoug t1_j30fakg wrote

As someone that doesn't like gambling - gimme your tax moneyyyyy

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TonyzTone t1_j30ri0m wrote

Replying to co_matic (#1,282,739)

We started banning this shit back when the only recreation available to most folks was books, rolling a wheel down a hill, and if you had some money maybe the one play your town had.

Casinos and other gambling halls were the form of entertainment but they also sapped your money since they were addicting.

Nowadays, we have other options that should hopefully distract you just enough to prevent you from spending your rent payment on dice.

Then again, we have things like Candy Crush and EA games sapping our dollars in much of the same way that slots and pinball used to do 100 years ago.

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CensorshipIsTheDevil t1_j31u22h wrote

Replying to derekjeter3 (#1,285,086)

That would be a boring job I think. Can't move much, stand at a table and hand out cards when you have people there. Take a bunch of people's money, and hope you can make some tips in the meantime. I think the money is OK, but the work sucks.

2

drpvn t1_j31z2xw wrote

Replying to [deleted] (#1,287,218)

Gambling can still have a deleterious effect on the poor overall even if not everyone who gambles doesn’t become an addict.

My only point is that “people will do thing X regardless” isn’t a good response here.

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CensorshipIsTheDevil t1_j32cgq3 wrote

Replying to NKR1978 (#1,287,742)

Yeah, in some ways. Low barrier to entry. I would imagine that the good stories are close with their bad stories though. They have to see some shit and endure some shit as well from drunks and abusive customers. Not for me, but I could see it not being the absolute worst job around.

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DadBodofanAmerican t1_j33l6cq wrote

Replying to Pool_Shark (#1,284,980)

societal decay.

It's a lack of education because people think they're gonna win. A lack of activities because people don't have anything else to do but go and lose money amidst faux luxury and flashing lights. And the casinos market hard towards the exact sort of poor, uneducated people who can't afford to go there.

1

SachaCuy t1_j33rsr8 wrote

Replying to CactusBoyScout (#1,284,857)

Both gambling and alcohol prey on addictions. It is not necessarily paternalistic to say that both can cause poverty. We tried banning alcohol once and the consequences were deemed worse than not banning it.

In this case we are legalizing gambling because the state wants a piece of the action. As far as I can tell illegal gambling has been doing just fine in NYC with massive crime attached to it but the state wants their money too because apparently a 200b budget per year isn't enough.

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CactusBoyScout t1_j33s5de wrote

Replying to SachaCuy (#1,290,577)

Right so both should be legal to take money away from organized crime?

You’re never going to find a perfect solution to these societal problems but I think the Prohibition example shows that handing over an entire industry to organized crime is the worse option.

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SachaCuy t1_j33vlhh wrote

Replying to CactusBoyScout (#1,290,600)

I am ok with organized crime making money from gambling.

We all got to make a living.

Alcohol no. That became too disorganized. Weed we will see how this new experiment goes.

Don't forget the state taxes you on your winnings and you can't write off your losers. Not only is it negative expected value (which is fine) but the winnings are taxed.

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NYHere1 t1_j34c1le wrote

NYC doesn't need this, but hey anything for revenue considering the state of the city currently..😢💸💸

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ctindel t1_j35lkn1 wrote

Replying to co_matic (#1,282,739)

I just read the book “Straight Flush” and find it so infuriating how the government tries to stop adults from gambling. Like any drug just fucking legalize it and regulate it. As if sports betting is somehow worse than playing the mega millions run and sanctioned by the state.

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ctindel t1_j35m0xi wrote

Replying to SachaCuy (#1,290,805)

You can write off losses up to the value of your winnings.

Letting organized crime make money on anything is fucking stupid for society. Regulate and tax, make sure the gambling is fair and properly run and money isn’t laundered.

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jaynyc1122 t1_j3asbi9 wrote

Replying to ctindel (#1,293,609)

You must not have very good reading comprehension. Nobody said that poker isn’t profitable. I said that it doesn’t generate as much revenue compared to other games.

Foxwoods is not in a central location. It needs ways to market and attract people from the city. The only legal casino in Manhattan will not need to do that. There’s a reason why poker rooms are almost always in the back of a casino.

Now, the 5/10 game at my previous casino charged $7/0.5hr per person in timed rake. At a full ring that’d be $126/hr. The 1/3 and 2/5 games charged 10% capped at $5 but obviously made less than $126/hr on average. A game like roulette can usually generate much more than that.

At the end of the day, I don’t know whether they’ll have a poker room or not—they very well might. But if I were to bet, I’d wager that there won’t be one. Space is a commodity in this city. Why use valuable space for less profitable games when you don’t need to… unless they charge absurd rake, in which case, it won’t be worth it to even play.

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