Wall Street Journal Front-Page Article Sends Message to Policymakers: Embrace Casinos as a Mainstream Business or Risk Losing Jobs, Crucial Revenues
Washington, DC – American Gaming Association President and CEO Geoff Freeman released the following statement in response to a front-page article in the Wall Street Journal today focused on the gaming industry:
“Today’s article highlights the need for policymakers to embrace casinos as a mainstream business – and voters are giving them the green light to do so. Voters across the political spectrum view gaming more favorably than ever before, and they recognize that casinos are a mainstream form of entertainment and an economic driver that supports jobs and boosts growth in communities across the nation.
“Given increased regional competition and the unparalleled regulatory burden the gaming industry faces – casinos in one state pay six times more in taxes than any other business operating there – it should surprise no one that many casinos are struggling to compete. Simply put, the tax and torture model is unsustainable. While there’s no regulatory silver bullet that will level the playing field in every state, lawmakers should consider ways to strengthen their partnerships with gaming companies or risk losing crucial jobs and revenues that support vital public services.”