CSPAN Key Capitol Hill Hearings April 24, 2014
Gambling was recently legalized in ohio. Casinos, onet 10 at a racetrack, have opened since then. You run into the problem of a saturated market and everyone struggles to as a result. That is the basis of the article from bloomberg is this week. Of these casinos are folding. What about jobs, then . The hit to the Economic Community . Casino closes, you certainly do lose those jobs. When i step back and look at it in a case like that, it might be that it is worse in the short run but better in the long run . Where you have this situation where you have too much supply you sometimes need to go f...