Is the statement casino good economy really a true statement?

Casino Good Economy - A new study found that people who live near casino good economy are going broke a lot faster than those who don’t. While a casino is great for the economy around it, it can be habit forming for those who like to gamble. Even though a casino good economy is good for the area, doesn’t mean that it’s a good thing for those living nearby.

The growth rate of personal bankruptcies in countries with casino good economy was more than double that of similar countries without them. While this is hard to swallow, you would be surprised at just how much a casino can have an impact. Once someone wins the jackpot once, he’ll think his look is high and keep playing the game – usually losing everything he won and everything he has with him.

Those countries and areas that don’t have a casino don’t have to worry about personal bankruptcies quite as bad. Areas like Las Vegas that have casino good economy have to worry about it all the time. In the city that never sleeps, there are always tourists hitting the casinos and the locals passing in from time to time to test their luck as well.

The more surprising and puzzling result is that business bankruptcy rates are lower when gambling is present, even after the adjusting for the quality of the country’s economy. In poorer regions, tribal casinos are more frequent. These types of regions may have fewer businesses, and thus perhaps those casinos induce personal rather than business bankruptcy.

Areas that have a casino also have a higher crime rate. Those areas that have casinos have to worry about robberies and such, just because of the amount of money that’s traveling around. On a good note, areas that have casino good economy normally have top notch security that monitor the casino day and night.

Even though it can be addictive and habit forming, casino good economy is great for the area. Although many wouldn’t admit to it, they would love to see a casino go in their area if there isn’t one there already!

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