Responsible Gambling Organization
2021年6月21日Register here: http://gg.gg/v2ssl
*The Mellman Group polled 1,000 registered voters on their attitudes towards gaming, while BrandOutlook conducted a survey of 2,014 gamblers on their responsible gaming practices.
*In order to maintain the balance and provide a safe gaming environment for the New Zealand population, these organizations help understand responsible gaming: ChoiceNotChance ChoiceNotChance is an anti-gambling website that shows just how harmful gambling can become if you’re not careful.Gambling is fun, but for some players, it can become exactly the opposite. Since gambling and winning produce emotional and psychological reactions in the brain, it’s an activity that can become quite addictive.
Gamblers Anonymous is a support group for people who wish to do something about their gambling problem and help others do the same through attending meetings.
Not all gamblers will develop a gambling addiction, while some will have a problem after a few spins of the reels.
To support them, there are organizations in most countries that help problem gamblers. Their activities usually include self-assessment, advice, consultation and other services.
If you feel like you might be a problem gambler, find your country on the list and contact the service.United Kingdom
The United Kingdom is a country that absolutely adores gambling. Given that there are betting shops and casinos around every corner, being a problem gambler in the UK can be overwhelming. Unlike some other places in the world, gambling is very available for Brits. Here are some of the organizations that help problem gamblers in the UK:
Gamcare is the UK’s national provider of the free consultation that helps problem gamblers. The organization supports anyone that wants to work on themselves and manage their gambling problem. Next to communication channels such as phone, chat and email, Gamcare also has physical locations where you can ask for help.
BeGambleAware helps gambling addicts recover from their problematic habits and regain control over their lives. The organization also does a lot of work in raising awareness about gambling addiction among the general public. On its website, BeGambleAware offers a lot of different resources that clarify the exact categorization of gambling addiction and what it means to be a problem gambler.
Just like most countries have groups that anonymously deal with addicts and help them in their recovery, the UK has GamblersAnonymous for problem gamblers. There are group meetings going on in many locations in the UK, and they are free to join. You can also join chatrooms and forums to read about the experiences of other problem gamblers.New Zealand
Even though New Zealand is a country with a small number of citizens, Kiwis are no foreigners to the temptations of gambling, and there is Kiwi online casino for real money in NZ to prove it. In order to maintain the balance and provide a safe gaming environment for the New Zealand population, these organizations help understand responsible gaming:
ChoiceNotChance is an anti-gambling website that shows just how harmful gambling can become if you’re not careful. There are many interactive infographics on the site that will illustrate the behind-the-scenes peculiarities of why we love gambling so much. You can also find different sections that explain problem gambling, steps to take and what to do if someone you care about is addictively involved in gambling.
New Zealand’s Gambling Helpline will connect you to experts who will help you reach your goals and stop the habit of problem gambling. The organization offers multiple ways to contact counsellors: via phone (free calls), texts or forums. It also has a lot of insightful info on what kind of impact problem gambling can have on individuals and their families.
PGF stands for Problem Gambling Foundation. It’s a New Zealand organization that offers free help to those suffering from gambling addiction. In the ‘Get help’ section, you will find a list of gambling addiction clinics in most major cities in New Zealand. There are also a lot of other useful facts and information, such as ‘pokie’ statistics and gambling facts.Australia
Australia also has its fair share of problem gamblers, but there are also many organizations that support them. Here are some of the main associations in Australia that go a long way in helping gambling addicts recover and lead healthy lives:
For Aussies that feel like their gambling has gotten out of hand, there is the Gambling Help Online service. The organization is divided into separate action points which tackle problem gambling from inside out. Whether you’re a problem gambler yourself or you want to help someone else, Gambling Help Online Australia has the resources to get you there.
GamblersHelp is an organization that helps problem gamblers in the Victoria area with a free consultation service open 24/7. The organization has helped thousands of gamblers so far and has promoted the importance of understanding gambling addiction in local communities.
LifeLine is Australia’s emergency line that is intended for any person that’s going through a crisis who feels like their life could be under threat. It is also available for problem gamblers who want to discuss their negative experiences and emotions and resolve their anger by talking to a professional.Canada
Most of the major cities in Canada have their own local organizations that deal with the problems of gambling addiction, but there are also some that work on a country level. Here are two of the most important ones:
Canada Safety Council is not actually an anti-gambling organization per se, but it’s one of its major topics. Namely, the Canada Safety Council deals with all of the things that could pose a possible threat to the safety of individuals and communities, including gambling. The organization deals in education, prevention and outreach.Responsible Gambling Organization Companies
If you are a problem gambler who wants to solve their issues on their own, without exposing your thoughts, experiences or emotions, you can use some of the self-help resources on Problem Gambling website. If this is your first time educating yourself about the dangers of problem gambling, prepare to learn a lot because this website contains all you will need to get well again.United States
The US has a high rate of problem gamblers. One of the most alarming statistics claims that up to 750,000 people between 14 and 21 are addicted to gambling. In the US, over 80% of adults gamble on a yearly basis, while 3-5% develop a gambling problem. Here are organizations that help those problem gamblers:
National Council on Problem Gambling is the main source of gambling addiction information for Americans and the first line of defence in fighting this important problem. It’s an organization that offers national support every second of the day and promotes the importance of understanding gambling traps.
1 800 Gambler is a free US helpline that helps problem gamblers tackle their addiction and move on to lead healthy, successful lives. The organization offers multiple ways to contact counsellors, but also information and brochures related to gambling. If you need a boost of inspiration, 1 800 Gambler also has a collection of success stories.WHY WE DID THIS STUDY
The 2019 General Assembly directed JLARC to conduct a review of casino gaming laws in other states, evaluate the Commonwealth’s current and potential gaming governance structures, project potential revenues from expanding legal forms of gaming, and evaluate the impact of expanding gaming on the Virginia Lottery, historical and live horse racing revenue, and charitable gaming revenue. SB 1126 was passed by the 2019 General Assembly to authorize the development of casinos in five localities—Bristol, Danville, Norfolk, Portsmouth, and Richmond—and its enactment was made contingent on the JLARC review and approval by the 2020 General Assembly.ABOUT GAMING IN THE COMMONWEALTH
Gambling has long been prohibited in Virginia, with the exception of lottery, charitable gaming, and wagering on horse races. Virginians currently wager over $1 billion annually on these forms of gaming, generating about $600 million in revenue for various purposes, primarily K–12 education. Nearby states permit more forms of gambling than Virginia does, including casino gaming, sports wagering, and online casino gaming.WHAT WE FOUND
Casinos authorized in SB 1126 are projected to generate about $260 million annually in state gaming taxes and have a positive, but modest economic impact on local economies
Resort-style casinos could be built and sustained in Bristol, Danville, Norfolk, Portsmouth, and Richmond, according to estimates from The Innovation Group, a national gaming consultant. These estimates assume an initial $200 million to $300 million capital investment and an annual gaming revenue state tax rate of 27 percent (the national median). Casinos in these five locations are projected to annually generate about $970 million in net gaming revenue and approximately $260 million in gaming tax revenue for the state. (For comparison, the Virginia Lottery generates over $600 million annually after prizes are paid out.)
About one-third of total casino revenue is projected to be generated by out-of-state visitors. Out-of-state visitors would contribute especially to the viability of the Danville and Bristol casinos because of their small local markets; this would also make them vulnerable if casino development were to occur in North Carolina and Tennessee.
Each casino is projected to employ at least 1,000 people, which would have a more meaningful impact in Bristol and Danville because of the relatively small size of their local labor forces. The projected median wage of $33,000 for casino employees would be below the median wage in the five SB 1126 localities. Not all casino jobs would represent a net gain of employment for the localities, and nearly half of the jobs would be low-skill and low-wage. Still, many casino jobs would require higher levels of skill and pay higher wages.
Authorizing a casino in the Northern Virginia market is projected to increase state revenue and economic benefits
A casino in Northern Virginia, which was not authorized in SB 1126 but examined as part of this study, would increase statewide gaming tax revenue by an estimated additional $155 million (59 percent) and employ an additional 3,200 workers. A Northern Virginia casino is projected to attract substantial revenue from out-of-state customers and retain in state about $100 million that Virginia residents are currently spending at casinos in other states.
Five casinos projected to generate approximately $260 million in state gaming tax revenue (2025)
Casino employment as a proportion of labor force for casino localities
Region
Labor
force*
Employed
Unemployed
Unemployment rate
Casino employees
Casino employees as % of labor force
Bristol
104,099
100,339
3,760
3.6%
1,067
1.0%
Danville
50,125
48,051
2,074
4.1
1,582
3.2
Norfolk
464,991
450,631
14,360
3.1
1,509
0.3
Portsmouth
553,100
535,529
IRONMAN 70.3 World Championship slots will be awarded to the athletes who have the best percentile finish (vs. Starters in their traditional age group). PR Challenge Slot- One (1) additional IRONMAN 70.3 World Championship slot will be awarded at each IRONMAN 70.3 XC Series Event in 2021 to the athlete with the Most Improved Personal Record. Iron Man Slots One of the most-loved and celebrated super heroes of our time, Iron Man is brought to life in Playtech’s slot machines so that fans and slots lovers get to experience a whole-new realm of action-based fun with the fictional character. An IRONMAN World Championship slot will be awarded to the athlete who has the best% finish (vs. Starters in their traditional age group). In the event an XC Age Division consists of more than nine (9) race day starters, an additional Kona slot will be added, totaling two (2) slots for that Division. The Iron Man slot forms part of Playtech’s Marvel slots series which are - to be honest - raising the bar for online slot games. Well some of them anway. Like the excellent Hulk slot, the graphics are stunning and Iron Man also features stacked wilds and a free spins bonus. Don’t they all these days? Oct 19, 2020 Gameplay and Prizes The fascinating gaming machine from the Playtech company called Iron Man gives us an interesting and dynamic plot based on the popular eponymous blockbuster telling the story of the engineering genius, Tony Stark. The Iron man slot will greet you with the colorful animation, depicting shots from the famous movie. Slot romance game.
17,571
3.2
1,384
0.3
Richmond
540,993
524,570
16,423
3.0%
2,050
0.4%SOURCE: The Innovation Group and JLARC staff analysis of Bureau of Labor Statistics data and U.S. Census Bureau data.
NOTE: Casino employees are employees working directly at casinos; excludes secondary employment because secondary employment is often based in localities outside of the five host localities. Labor force data is 2018 annualized averages, comprising 2018 monthly data. Assumes 27 percent gaming revenue tax rate.
*Labor force for a casino region is defined as all localities from which at least 5 percent of workers in a casino host locality commute on a daily basis. For example, the Bristol region is defined as Sullivan, County TN; Bristol, VA; and Washington County, VA.
Five casinos authorized by SB1126 would be viable under a nationwide median tax rate of 27 percent
The tax rate applied to casino gaming revenue significantly affects the total gaming tax revenue collected by the state. However, higher tax rates can affect casinos’ profitability, and therefore the size and amenities of the casinos. Developers typically size the scale of their casinos to what a market can support, and there is no guarantee that developers will build a larger casino under a lower tax rate. However, casinos in more populous locations can typically remain profitable at a higher tax rate. SB 1126 did not include a tax rate although previous versions of the bill and other similar legislation included tax rates between 10 and 15 percent. TIG found all five SB 1126 casino markets would be able to support “resort-style” casinos at the national median tax rate of 27 percent.
Sports wagering and online gaming are projected to have smaller fiscal and economic impacts
A fully developed sports wagering industry in Virginia could generate up to $55 million in annual gaming tax revenue for the state, depending on how it is structured, and online casino gaming could generate about $84 million each year. Unlike online casino gaming, which would most likely depend on the opening of casinos, sports wagering could be implemented without casinos and could be offered sooner.
Beneficiaries of existing gaming would see proceeds decline, especially historical horse racing
Casino gaming is projected to negatively affect revenue generated by most forms of existing gaming in Virginia, which would in turn decrease the revenue available for the causes they support. The biggest impact would be to revenue generated by historical horse racing (HHR), a small portion of which supports Virginia’s revived live horse racing events. This revenue is projected to decline substantially (45 percent) from what it likely would have been without casino competition, and therefore tax revenue generated by HHR wagering would also decline. Lottery proceeds for Virginia’s K–12 public education are projected to decline slightly ($30 million or 3.6 percent). Charitable gaming proceeds are projected to decline slightly at the statewide level ($3.1 million, or 4 percent), with larger localized impacts to charitable gaming operations located near casinos and the organizations they support.
Expanding gaming in Virginia will increase the number of people at risk of harm from problem gambling
The prevalence of problem gambling in Virginia has not been measured, but evidence from national studies and states with a broad array of gaming options suggests that an estimated 5 to 10 percent of adults may experience gambling problems. While research does not consistently show an increase in the prevalence of problem gambling after the introduction of casinos in a state, more people will at least be at risk of experiencing problems as gambling opportunities increase.
The negative impacts of gambling are not limited to problem gamblers; research consistently shows adverse effects on others, most often a spouse or partner, but also the parents and children of problem gamblers, as well as other family members and close friends. The negative effects of problem gambling can be severe in a small portion of cases, and include financial instability and mental health and relationship problems.
Virginia’s existing problem gambling prevention and treatment efforts are minimal despite the public’s access to gambling through the lottery, historical horse race wagering, charitable gaming, and other avenues. States typically fund problem gambling prevention and treatment programs with gaming tax revenue, which should be considered even if the General Assembly does not authorize additional forms of gaming.
States award licenses for casinos using a competitive selection process and in-depth investigations of key personnelResponsible Gambling Organization Meaning
Most of Virginia’s peer states use a competitive bidding process to award casino licenses, which creates market competition. Market competition helps ensure that the few available casino licenses are awarded to the most qualified and financially stable owners/operators who submit the most realistic and responsible proposals. A competitive selection process is especially important in a limited casino market in which the limited number of casino licenses effectively creates a monopoly for casino owners/operators. A limited casino market is contemplated in SB 1126, but a competitive bidding process is not included in the legislation. Virginia could use a competitive process to maximize the financial and economic value of casino licenses and minimize risks to the state, localities, and the public.
A state’s gaming regulatory board, or a designated selection committee, typically creates specific selection criteria for evaluating casino proposals and issuing an award to the proposal or proposals most qualified to successfully operate a casino. These criteria could include, for example, a specific capital investment threshold, plans to maximize positive local impacts, or plans to prevent and treat problem gambling, among other criteria.
Criteria can also be included to reflect the interests and preferences of state policymakers and host communities. For example, a host community may prefer the use of local assets (such as an existing building), resources (such as the local labor force), or local ownership to maximize local impact and refl
https://diarynote.indered.space
*The Mellman Group polled 1,000 registered voters on their attitudes towards gaming, while BrandOutlook conducted a survey of 2,014 gamblers on their responsible gaming practices.
*In order to maintain the balance and provide a safe gaming environment for the New Zealand population, these organizations help understand responsible gaming: ChoiceNotChance ChoiceNotChance is an anti-gambling website that shows just how harmful gambling can become if you’re not careful.Gambling is fun, but for some players, it can become exactly the opposite. Since gambling and winning produce emotional and psychological reactions in the brain, it’s an activity that can become quite addictive.
Gamblers Anonymous is a support group for people who wish to do something about their gambling problem and help others do the same through attending meetings.
Not all gamblers will develop a gambling addiction, while some will have a problem after a few spins of the reels.
To support them, there are organizations in most countries that help problem gamblers. Their activities usually include self-assessment, advice, consultation and other services.
If you feel like you might be a problem gambler, find your country on the list and contact the service.United Kingdom
The United Kingdom is a country that absolutely adores gambling. Given that there are betting shops and casinos around every corner, being a problem gambler in the UK can be overwhelming. Unlike some other places in the world, gambling is very available for Brits. Here are some of the organizations that help problem gamblers in the UK:
Gamcare is the UK’s national provider of the free consultation that helps problem gamblers. The organization supports anyone that wants to work on themselves and manage their gambling problem. Next to communication channels such as phone, chat and email, Gamcare also has physical locations where you can ask for help.
BeGambleAware helps gambling addicts recover from their problematic habits and regain control over their lives. The organization also does a lot of work in raising awareness about gambling addiction among the general public. On its website, BeGambleAware offers a lot of different resources that clarify the exact categorization of gambling addiction and what it means to be a problem gambler.
Just like most countries have groups that anonymously deal with addicts and help them in their recovery, the UK has GamblersAnonymous for problem gamblers. There are group meetings going on in many locations in the UK, and they are free to join. You can also join chatrooms and forums to read about the experiences of other problem gamblers.New Zealand
Even though New Zealand is a country with a small number of citizens, Kiwis are no foreigners to the temptations of gambling, and there is Kiwi online casino for real money in NZ to prove it. In order to maintain the balance and provide a safe gaming environment for the New Zealand population, these organizations help understand responsible gaming:
ChoiceNotChance is an anti-gambling website that shows just how harmful gambling can become if you’re not careful. There are many interactive infographics on the site that will illustrate the behind-the-scenes peculiarities of why we love gambling so much. You can also find different sections that explain problem gambling, steps to take and what to do if someone you care about is addictively involved in gambling.
New Zealand’s Gambling Helpline will connect you to experts who will help you reach your goals and stop the habit of problem gambling. The organization offers multiple ways to contact counsellors: via phone (free calls), texts or forums. It also has a lot of insightful info on what kind of impact problem gambling can have on individuals and their families.
PGF stands for Problem Gambling Foundation. It’s a New Zealand organization that offers free help to those suffering from gambling addiction. In the ‘Get help’ section, you will find a list of gambling addiction clinics in most major cities in New Zealand. There are also a lot of other useful facts and information, such as ‘pokie’ statistics and gambling facts.Australia
Australia also has its fair share of problem gamblers, but there are also many organizations that support them. Here are some of the main associations in Australia that go a long way in helping gambling addicts recover and lead healthy lives:
For Aussies that feel like their gambling has gotten out of hand, there is the Gambling Help Online service. The organization is divided into separate action points which tackle problem gambling from inside out. Whether you’re a problem gambler yourself or you want to help someone else, Gambling Help Online Australia has the resources to get you there.
GamblersHelp is an organization that helps problem gamblers in the Victoria area with a free consultation service open 24/7. The organization has helped thousands of gamblers so far and has promoted the importance of understanding gambling addiction in local communities.
LifeLine is Australia’s emergency line that is intended for any person that’s going through a crisis who feels like their life could be under threat. It is also available for problem gamblers who want to discuss their negative experiences and emotions and resolve their anger by talking to a professional.Canada
Most of the major cities in Canada have their own local organizations that deal with the problems of gambling addiction, but there are also some that work on a country level. Here are two of the most important ones:
Canada Safety Council is not actually an anti-gambling organization per se, but it’s one of its major topics. Namely, the Canada Safety Council deals with all of the things that could pose a possible threat to the safety of individuals and communities, including gambling. The organization deals in education, prevention and outreach.Responsible Gambling Organization Companies
If you are a problem gambler who wants to solve their issues on their own, without exposing your thoughts, experiences or emotions, you can use some of the self-help resources on Problem Gambling website. If this is your first time educating yourself about the dangers of problem gambling, prepare to learn a lot because this website contains all you will need to get well again.United States
The US has a high rate of problem gamblers. One of the most alarming statistics claims that up to 750,000 people between 14 and 21 are addicted to gambling. In the US, over 80% of adults gamble on a yearly basis, while 3-5% develop a gambling problem. Here are organizations that help those problem gamblers:
National Council on Problem Gambling is the main source of gambling addiction information for Americans and the first line of defence in fighting this important problem. It’s an organization that offers national support every second of the day and promotes the importance of understanding gambling traps.
1 800 Gambler is a free US helpline that helps problem gamblers tackle their addiction and move on to lead healthy, successful lives. The organization offers multiple ways to contact counsellors, but also information and brochures related to gambling. If you need a boost of inspiration, 1 800 Gambler also has a collection of success stories.WHY WE DID THIS STUDY
The 2019 General Assembly directed JLARC to conduct a review of casino gaming laws in other states, evaluate the Commonwealth’s current and potential gaming governance structures, project potential revenues from expanding legal forms of gaming, and evaluate the impact of expanding gaming on the Virginia Lottery, historical and live horse racing revenue, and charitable gaming revenue. SB 1126 was passed by the 2019 General Assembly to authorize the development of casinos in five localities—Bristol, Danville, Norfolk, Portsmouth, and Richmond—and its enactment was made contingent on the JLARC review and approval by the 2020 General Assembly.ABOUT GAMING IN THE COMMONWEALTH
Gambling has long been prohibited in Virginia, with the exception of lottery, charitable gaming, and wagering on horse races. Virginians currently wager over $1 billion annually on these forms of gaming, generating about $600 million in revenue for various purposes, primarily K–12 education. Nearby states permit more forms of gambling than Virginia does, including casino gaming, sports wagering, and online casino gaming.WHAT WE FOUND
Casinos authorized in SB 1126 are projected to generate about $260 million annually in state gaming taxes and have a positive, but modest economic impact on local economies
Resort-style casinos could be built and sustained in Bristol, Danville, Norfolk, Portsmouth, and Richmond, according to estimates from The Innovation Group, a national gaming consultant. These estimates assume an initial $200 million to $300 million capital investment and an annual gaming revenue state tax rate of 27 percent (the national median). Casinos in these five locations are projected to annually generate about $970 million in net gaming revenue and approximately $260 million in gaming tax revenue for the state. (For comparison, the Virginia Lottery generates over $600 million annually after prizes are paid out.)
About one-third of total casino revenue is projected to be generated by out-of-state visitors. Out-of-state visitors would contribute especially to the viability of the Danville and Bristol casinos because of their small local markets; this would also make them vulnerable if casino development were to occur in North Carolina and Tennessee.
Each casino is projected to employ at least 1,000 people, which would have a more meaningful impact in Bristol and Danville because of the relatively small size of their local labor forces. The projected median wage of $33,000 for casino employees would be below the median wage in the five SB 1126 localities. Not all casino jobs would represent a net gain of employment for the localities, and nearly half of the jobs would be low-skill and low-wage. Still, many casino jobs would require higher levels of skill and pay higher wages.
Authorizing a casino in the Northern Virginia market is projected to increase state revenue and economic benefits
A casino in Northern Virginia, which was not authorized in SB 1126 but examined as part of this study, would increase statewide gaming tax revenue by an estimated additional $155 million (59 percent) and employ an additional 3,200 workers. A Northern Virginia casino is projected to attract substantial revenue from out-of-state customers and retain in state about $100 million that Virginia residents are currently spending at casinos in other states.
Five casinos projected to generate approximately $260 million in state gaming tax revenue (2025)
Casino employment as a proportion of labor force for casino localities
Region
Labor
force*
Employed
Unemployed
Unemployment rate
Casino employees
Casino employees as % of labor force
Bristol
104,099
100,339
3,760
3.6%
1,067
1.0%
Danville
50,125
48,051
2,074
4.1
1,582
3.2
Norfolk
464,991
450,631
14,360
3.1
1,509
0.3
Portsmouth
553,100
535,529
IRONMAN 70.3 World Championship slots will be awarded to the athletes who have the best percentile finish (vs. Starters in their traditional age group). PR Challenge Slot- One (1) additional IRONMAN 70.3 World Championship slot will be awarded at each IRONMAN 70.3 XC Series Event in 2021 to the athlete with the Most Improved Personal Record. Iron Man Slots One of the most-loved and celebrated super heroes of our time, Iron Man is brought to life in Playtech’s slot machines so that fans and slots lovers get to experience a whole-new realm of action-based fun with the fictional character. An IRONMAN World Championship slot will be awarded to the athlete who has the best% finish (vs. Starters in their traditional age group). In the event an XC Age Division consists of more than nine (9) race day starters, an additional Kona slot will be added, totaling two (2) slots for that Division. The Iron Man slot forms part of Playtech’s Marvel slots series which are - to be honest - raising the bar for online slot games. Well some of them anway. Like the excellent Hulk slot, the graphics are stunning and Iron Man also features stacked wilds and a free spins bonus. Don’t they all these days? Oct 19, 2020 Gameplay and Prizes The fascinating gaming machine from the Playtech company called Iron Man gives us an interesting and dynamic plot based on the popular eponymous blockbuster telling the story of the engineering genius, Tony Stark. The Iron man slot will greet you with the colorful animation, depicting shots from the famous movie. Slot romance game.
17,571
3.2
1,384
0.3
Richmond
540,993
524,570
16,423
3.0%
2,050
0.4%SOURCE: The Innovation Group and JLARC staff analysis of Bureau of Labor Statistics data and U.S. Census Bureau data.
NOTE: Casino employees are employees working directly at casinos; excludes secondary employment because secondary employment is often based in localities outside of the five host localities. Labor force data is 2018 annualized averages, comprising 2018 monthly data. Assumes 27 percent gaming revenue tax rate.
*Labor force for a casino region is defined as all localities from which at least 5 percent of workers in a casino host locality commute on a daily basis. For example, the Bristol region is defined as Sullivan, County TN; Bristol, VA; and Washington County, VA.
Five casinos authorized by SB1126 would be viable under a nationwide median tax rate of 27 percent
The tax rate applied to casino gaming revenue significantly affects the total gaming tax revenue collected by the state. However, higher tax rates can affect casinos’ profitability, and therefore the size and amenities of the casinos. Developers typically size the scale of their casinos to what a market can support, and there is no guarantee that developers will build a larger casino under a lower tax rate. However, casinos in more populous locations can typically remain profitable at a higher tax rate. SB 1126 did not include a tax rate although previous versions of the bill and other similar legislation included tax rates between 10 and 15 percent. TIG found all five SB 1126 casino markets would be able to support “resort-style” casinos at the national median tax rate of 27 percent.
Sports wagering and online gaming are projected to have smaller fiscal and economic impacts
A fully developed sports wagering industry in Virginia could generate up to $55 million in annual gaming tax revenue for the state, depending on how it is structured, and online casino gaming could generate about $84 million each year. Unlike online casino gaming, which would most likely depend on the opening of casinos, sports wagering could be implemented without casinos and could be offered sooner.
Beneficiaries of existing gaming would see proceeds decline, especially historical horse racing
Casino gaming is projected to negatively affect revenue generated by most forms of existing gaming in Virginia, which would in turn decrease the revenue available for the causes they support. The biggest impact would be to revenue generated by historical horse racing (HHR), a small portion of which supports Virginia’s revived live horse racing events. This revenue is projected to decline substantially (45 percent) from what it likely would have been without casino competition, and therefore tax revenue generated by HHR wagering would also decline. Lottery proceeds for Virginia’s K–12 public education are projected to decline slightly ($30 million or 3.6 percent). Charitable gaming proceeds are projected to decline slightly at the statewide level ($3.1 million, or 4 percent), with larger localized impacts to charitable gaming operations located near casinos and the organizations they support.
Expanding gaming in Virginia will increase the number of people at risk of harm from problem gambling
The prevalence of problem gambling in Virginia has not been measured, but evidence from national studies and states with a broad array of gaming options suggests that an estimated 5 to 10 percent of adults may experience gambling problems. While research does not consistently show an increase in the prevalence of problem gambling after the introduction of casinos in a state, more people will at least be at risk of experiencing problems as gambling opportunities increase.
The negative impacts of gambling are not limited to problem gamblers; research consistently shows adverse effects on others, most often a spouse or partner, but also the parents and children of problem gamblers, as well as other family members and close friends. The negative effects of problem gambling can be severe in a small portion of cases, and include financial instability and mental health and relationship problems.
Virginia’s existing problem gambling prevention and treatment efforts are minimal despite the public’s access to gambling through the lottery, historical horse race wagering, charitable gaming, and other avenues. States typically fund problem gambling prevention and treatment programs with gaming tax revenue, which should be considered even if the General Assembly does not authorize additional forms of gaming.
States award licenses for casinos using a competitive selection process and in-depth investigations of key personnelResponsible Gambling Organization Meaning
Most of Virginia’s peer states use a competitive bidding process to award casino licenses, which creates market competition. Market competition helps ensure that the few available casino licenses are awarded to the most qualified and financially stable owners/operators who submit the most realistic and responsible proposals. A competitive selection process is especially important in a limited casino market in which the limited number of casino licenses effectively creates a monopoly for casino owners/operators. A limited casino market is contemplated in SB 1126, but a competitive bidding process is not included in the legislation. Virginia could use a competitive process to maximize the financial and economic value of casino licenses and minimize risks to the state, localities, and the public.
A state’s gaming regulatory board, or a designated selection committee, typically creates specific selection criteria for evaluating casino proposals and issuing an award to the proposal or proposals most qualified to successfully operate a casino. These criteria could include, for example, a specific capital investment threshold, plans to maximize positive local impacts, or plans to prevent and treat problem gambling, among other criteria.
Criteria can also be included to reflect the interests and preferences of state policymakers and host communities. For example, a host community may prefer the use of local assets (such as an existing building), resources (such as the local labor force), or local ownership to maximize local impact and refl
https://diarynote.indered.space
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