I’ll begin today’s post with a disclaimer:
The fat guy with the moustache and the silly grin is me. It’s an old Polaroid, taken several years ago at Coushatta Casino in Kinder, Louisiana. I had just won the maximum jackpot on a quarter slot, $12,500 on a $1.25 bet.
I like to play slot machines, and because of this win, and a few much smaller ones over the years, I am probably about even. If not, it has still averaged out to be inexpensive entertainment over the years.
Know who really loses money on gambling?
There are those who say that it is low-income folks who can’t control their urges, but the fact is that the biggest loser around here is the State of Texas.
Texas is literally surrounded by casinos, and by not allowing casino gambling we insure the success of the gaming operations in surrounding states. Texas loses 2.5 Billion dollars in gambling revenue to Louisiana, Oklahoma and New Mexico every year.
So why don’t we have casinos in Texas? There are those who oppose gambling on moral or religious grounds, but the big money behind the political opposition comes from gambling operations in neighboring states.
If you think that’s wrong, or just want to learn more about it, check out Let Texas Decide.
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