|CFC calls on the Florida Legislature to Reject the Expansion of Gambling|
|The Christian Family Coalition called on Speaker of the House Ray Sansom and President of the Senate Jeff Atwater to reject the concept of the expansion of gambling in order to make up a $2.3 shortfall in the state's budget.|
"In today's economic crisis, not even Vegas is exempt from falling revenues. In fact, according to the Nevada Gaming Control Board report released just last month, there was a significant decline in state-wide revenue from gambling, which slid 22.33% in October when compared to the same month last year. Las Vegas Strip revenue was down 25% year over year," stated Verdugo.
"Furthermore, according to the Florida Council on Compulsive Gambling, problem and compulsive gamblers in the United States cost society approximately $5 billion per year and an additional $40 billion in lifetime costs for productivity reductions, social services, and creditor losses," said Nathaniel Wilcox, human rights leader.
"Finally, if we really want to reduce the state's deficit we should be cutting taxes for all Floridians, not investing in projects such as gambling, which in the long run, will cost us more money than what it will bring in, it's just not a sound economic investment for our children and families," stated Verdugo.
|Tags: Gambling Revenue|