by Sir Roger DeLodgerley » Tue Sep 27, 2005 10:06 am
A letter from this morning's FT:
"Sir, The financial viability of casinos depends on the simple fact that more money must be lost than won ("Glasgow raises stakes in casino competition", September 21). Therefore the Glasgow community must end up the poorer.
Part of the casino's income is likely to be remitted back to Nevada taking money out of Glasgow. Although part of the revenue will provide a number of jobs for casino staff, those jobs will be created from the losses of a larger number of Glaswegians. The chief executive of Rangers pointed out that Govan is "one of the poorest areas in Europe and unemployment levels are massive". There must be a high risk that many of the poorest will gamble their social security benefits. Even if the punters could be restricted to those with spare cash to burn, the casino industry offers no worthwhile end product or service, but its purpose is to transfer wealth to the casino operator.
If a community centre is badly needed in Govan and if a hotel, restaurants, fitness rooms and roof-top football pitch are viable propositions, could these not be developed without the need for a casino?
Alan Paul,"
Couldn't have put it more succinctly myself.
There is no opinion, however absurd, which men will not readily embrace as soon as they can be brought to the conviction that it is generally adopted.