Friday, December 27, 2019

Essay about Legalizing Gambling - 713 Words

Why Amendment 33 is a Great Idea nbsp;nbsp;nbsp;nbsp;nbsp;These are a few reasons why amendment 33 is a great idea for the state of Colorado. This ballot proposal for 2003 will create 25 million dollars in benfits for tourism (the promotion of tourism is Colorado). Next, Colorado will get to keep 61% of the profits made from the video lottery terminals; currently other states casinos give them a 14 % return (Confused). Third, this amendment will create jobs for our slumping economy. Last of all, we will be able to offer something else that other states around us can’t offer (Gambling). When Amendment 33 passes in the state of Colorado, it will boost out slumping economy and help out Colorado. nbsp;nbsp;nbsp;nbsp;nbsp;This†¦show more content†¦With amendment 33, jobs will be created. It is hard to find a decent job right now, and when amendment 33 passes, it will generate money and new jobs. With more money spend, people buy more from their local Merchants. So the businesses get more money, they have more to spend so they buy more, everyone wins. The video lottery program is a great idea to help strengthen the Colorado economy. Tourism is the backbone for a states economy, last year Colorado had a 160 million dollars in state and local taxes paid by tourist (Confused). nbsp;nbsp;nbsp;nbsp;nbsp;Tourism is one way that states make lots of money. With the help of Amendment 33, Colorado will have $25 million to promote the state. The goal is to bring out-of-staters to Colorado and have they spend their money here. With enough folks visiting, the money that they spend will add up fast and help the economy. These People will spend money on food, gas. hotels, this create s jobs because theses places will have to hire local people to work theses jobs. This amendment will provide 15 years of funding for Colorado (Colorado State Ballot Issues). nbsp;nbsp;nbsp;nbsp;nbsp;There are a lot of critics that oppose the passing of Amendment 33. One of theses arguments is the naming of the slot machines; the machines will be called video lottery terminals. They are calling them this so that they can avoid certain stateShow MoreRelatedThe Benefits Of Legalizing Gambling Essay1909 Words   |  8 PagesPeople may think of the benefits of legalizing gambling first, but there come clear distinct problems that could be the result of the legalization. It is without question that there would be instances of players betting on various games whether it be on games in their league or others, and would give the leagues another giant problem to monitor of their players. There have already been clear problems with a variety of players in different sports like John Daly in golf, Michael Jordan, and CharlesRead MoreThe Issue Of Legalizing Gambling1827 Words   |  8 Pagessides of this issue; some people have difficulty determining the reasons beh ind legalizing gambling in the first place. 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