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Gambling on Guam

Essay specific features

 

Issue:

Social Issues

 

Written by:

Josef W

 

Date added:

August 18, 2012

 

Level:

University

 

Grade:

A

 

No of pages / words:

4 / 1096

 

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8243 times

 

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Essay content:

Seasoned economist William Thompson points out that lucrative construction projects could be awarded to outside firms, and at that construction materials are not always acquired locally, but are sometimes imported ( 56). Thompson also warns that though gambling establishments would certainly have job openings available, many times employees are hired from outside the local community; as in the case of his study of Atlantic City (58)...
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Jobs are also cannibalized from other employers within the area; when this happens the job market is not expanded, just adjusted (Felsenstein, 409). Then there are the findings of the NGISC (National Gambling Impact Study Commission.) The commission found that many of the jobs being offered by casinos are unstable, and have little to no benefits (National Gambling Impact Study Report, 7-5) Another proposed benefit would be additional funds for the government that would be generated by gambling revenues...
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