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We are concerned about his plan to bolster state finances and create jobs with a lot more gambling.
These are people who have an addiction and then steal money because they want to fund more gambling.
Faced with deepening losses, it reacted the way any other bank would: with increasing panic, bad decision-making, and attempts to either erase the loss through more gambling or cover it up by publicly minimized the impact.
But as three of the casinos were built and the slot machines were installed at the tracks, Mr. Porter acknowledged that what seemed to be a good idea was no longer working — everyone began competing for gamblers, and other states, notably Pennsylvania, allowed more gambling.
More gambling, of course.
No more gambling.
Does Atlantic City need more gambling, or less?
Similar(4)
"It all frees you up to take more gambles because each risk is not so costly and you can move a lot faster," Mr. Salow said.
Its competitors argue that Disney fears competition more than gambling.
First, a distressingly large portion of activity in the financial world is little more than gambling.
Sadly, many see it as little more than gambling money and wind up with poor returns.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com