Gambling to the Rescue

Hurricane Ike may have decimated parts of eastern Texas, but suggestions are being shared about the potential windfall benefits of regulated gambling activity.

In times of natural and more recently economic cataclysm, there is some bright hope that the gambling industry can provide a sorely needed boost. Take for instance Galveston Island, Texas. A massive and catastrophic hurricane took no prisoners as it ravaged the territory, spewing thousands of cubic liters of water over everything - destroying livelihoods, properties and the local economy.

However there are business owners who believe in the power of regulated gambling as a panacea to this localized disaster. If the Mayor of Galveston - Mrs. L. A. Thomas accepts the proposals to legitimize gambling, there may yet be a silver-lining to this dark cloud.

Economic activity
There is no doubt that casinos generate massive economic opportunity. This idea would be no different and it could assist in much-needed, socio-economic, uplifting initiatives. Economic stability and wellbeing come from the employment prospects available at casino operations.

There are many peripheral industries that are easily linked with casinos.

Texas is losing out on potential revenue to Louisiana's casinos. The revenue streams that can be generated from a fresh, bold move to regulate gambling would be significant. This would also mean that local catastrophes could be better managed with more available resources.

If and when Texas does legalize casinos it will be the 13th state to do so.