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Crapped Out: How Gambling Ruins the Economy and Destroys Lives

por Jennifer Vogel

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America's New Favorite PastimeAs the economy sours for people at the bottom, the long odds have become their only odds for making a better life. In this stunning collection of articles from US News and World Report, Newsday, the Nation and elsewhere, Jennifer Vogel has assembled an indictment of gambling that leaves nothing to chance.In Crapped Out: How Gambling Ruins the Economy and Destroys Lives you will meet: -- The state politician, desperate to balance the budget, who turns to the gaming industry to generate revenue in the age of the shrinking tax base; -- The lottery commissions, who will tell you they never target the poor, but who sell more tickets proportionately to lower income players, creating the most regressive tax system imaginable; -- The voter who is promised money from gambling for schools and the environment but winds up empty-handed; -- The advertising industry that is not legally bound to tell players what a rip-off the games are.-- The mob who is thriving at the numbers game once again -- because players realize organized crime offers better odds than state lotteries; -- The casino owners -- who are in it to win it; -- And the gambler, whose need for hope is manipulated by an industry feeding on the science of addiction.-- But Vogel also chronicles the sober response of neighbors fighting casino developments -- and winning.… (mais)
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"Gambling is bad" is an easy thing to say; this book goes into lots of detail as to why gambling is bad, not just for the individual, but for society in general.

It usually starts with the state legislature. Any untapped source of revenue is looked at with great anticipation in these days of economic belt-tightening. Revenue from lotteries or casinos is usually intended, in the beginning, for a worthy cause like education or the environment. The money isn't an extra windfall for that department, it's money that the legislature can take from that department and use elsewhere. Usually, the money is quietly redirected, after a couple of years into the state's general fund.

In economically depressed areas, casinos and riverboat gambling promise jobs and tourists and growth in the local economy. For every successful casino like Foxwoods in Connecticut, there is a riverboat casino somewhere in the Midwest where the only thing that has grown up around it is a parking lot, assuming that it is still open.

Studies have shown that lotteries are simply another way of redistributing money from the poor to the rich; those in lower-class areas play the lottery more than those in upper-class areas.

Anyone who has ever bet at a casino or played Lotto needs to read this book. ( )
  plappen | Feb 13, 2009 |
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America's New Favorite PastimeAs the economy sours for people at the bottom, the long odds have become their only odds for making a better life. In this stunning collection of articles from US News and World Report, Newsday, the Nation and elsewhere, Jennifer Vogel has assembled an indictment of gambling that leaves nothing to chance.In Crapped Out: How Gambling Ruins the Economy and Destroys Lives you will meet: -- The state politician, desperate to balance the budget, who turns to the gaming industry to generate revenue in the age of the shrinking tax base; -- The lottery commissions, who will tell you they never target the poor, but who sell more tickets proportionately to lower income players, creating the most regressive tax system imaginable; -- The voter who is promised money from gambling for schools and the environment but winds up empty-handed; -- The advertising industry that is not legally bound to tell players what a rip-off the games are.-- The mob who is thriving at the numbers game once again -- because players realize organized crime offers better odds than state lotteries; -- The casino owners -- who are in it to win it; -- And the gambler, whose need for hope is manipulated by an industry feeding on the science of addiction.-- But Vogel also chronicles the sober response of neighbors fighting casino developments -- and winning.

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