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Gambling as Easy Way to Pay Bills
The first state after Nevada to get hooked on gambling
was New Jersey, with its Atlantic City casinos. The poster boy for New
Jersey gambling on the week of my trip is Michael Sandberg, a Princeton
senior, who plays online and has won $120,000 at poker. Sandberg is
thinking of making a career of poker. He ranks in the bottom fifth of
his class and says he doesn’t think he can make as much money doing
anything else — even with a Princeton degree.
Back home in Indiana. With our riverboats, we now rank
fourth in the country in terms of casino tax revenue. But, as we know
from this year’s legislative session, there is an appetite for more. As
in other places, the question is where to put them.
It is a stone-cold fact that racinos have bailed out the
thoroughbred horse and racing industries in a number of states. At a
recent visit to the horse track in Charlestown, W.Va., I found few
customers outside actually watching the horses run, but hundreds bellied
up to the slots indoors. If you can marry horseracing to video poker and
slot machines, why not pro football?
We need a stadium for the Colts and need to figure out
how to pay for it. My modest proposal is that we build a go-to-hell
stadium guaranteed to bring the Super Bowl to Indy and pay for it with world-class casinos in the basement. The Colts only use the place a few
afternoons a year, but casinos could run 24/7 every day but Sunday.
No slots on the Sabbath.
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