Posts Tagged ‘gambling’

Last week, eight meat- packing plant workers in Nebraska shared a $365 million Powerball lottery gambling game. That amounted to a total of $22 million for each of the workers from the ticket that was purchased by one of the men in their gambling game group. After taxes, each of the eight (former, most likely) meatpacking workers is richer by around $15 million.

The event was heavily covered by the media, for obvious reasons. This is a true rags- to- riches human interest tear- jerking story. Even CNN devoted close to an hour of unedited coverage to the ceremony celebrating the gambling game victory story, interrupting a regularly scheduled broadcast to announce the winners.

As interesting as the story of the Nebraska gambling game winners may be to audiences across America, public health experts warn that the lottery is just that: a gambling game, and not a reasonable alternative to saving for retirement or for a child’s college education.

Verna V. Gehring of the School of Public Affairs at the University of Maryland cautions that, contrary to the beliefs of many Americans, gambling game lotteries are not a “prudent personal investment strategy.”

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Tags: gambling, gambling game, game winners, lottery winners

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Since Hurricane Katrina ravaged the Gulf Coast several months ago, Mississippi government officials have decided to allow offshore gambling casinos that rebuild in the state to operate on dry land.

Several casinos have taken the state up on their offer, relocating from their barges onto dry land. The on- land success of the formerly offshore gambling casinos is unprecedented, with the casinos bringing in record amounts of money since they reopened in December of 2005 and January of 2006.

However, the Mississippi Gaming Commission has now thrown an additional wrench into the plans of many Gulf coast area offshore gambling casinos. The Commission recently proposed that all casinos that wish to relocate will have to have every inch of their gambling floors within 800 feet of the mean high water line. The only exception to the proposed rule would apply to property of the State Port of Gulfport.

Commission Chairman Jerry St. Pe said Thursday that the new restriction is very much in the spirit of what legislators intended when they allowed the offshore gambling casinos to rebuild on dry land.

“The commission and its staff is confident that as we’re putting it out for public notice, it accurately reflects the intent of the (law) … I think it reflects what the Legislature intended it to do and in some cases clarifies what it intended it not to do,” he said.

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Tags: casinos, gambling, mississippi gaming commission, offshore gambling

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