>> they wanted easy answers and casino gambling was seen as an easy answer. >> it sure sounded like a good idea. >> they were going to bring 12 casinos here and bring everybody up from the top down. it hasn't worked. when you're left with just 12 casinos -- >> and if you're looking for an example of a lemming like lurch of cliff face from which to tumble, look no further than this $2.4 million goat rodeo, the revel. it opened in 2012 and closed less than two years later. the most expensive casino in new jersey history. >> what were they thinking? >> short-term money at a time when other casinos were opening all over the east coast. >> it's nuts. it's economics 101. >> casinos of course, by design,