Casinos Signal Fiscal Desperation

Updated: 2025.10.01 20D ago 3 sources
Manhattan neighborhood committees rejected three casino proposals (UN area, Times Square, Hudson Yards). The piece argues casinos function like other 'nuisance uses' that communities with clout keep out, so they migrate to less powerful areas and reflect budget stress rather than healthy development. — It flips the economic‑development script by treating casinos as a symptom of weak public finance and political power imbalance, guiding siting and policy choices in big cities.

Sources

Filipinos Are Addicted to Online Gambling. So Is Their Government
msmash 2025.10.01 55% relevant
PAGCOR now collects 30% of gross gaming revenue and is the second‑largest revenue contributor among state‑run firms; this growing reliance on gambling revenue echoes the argument that resorting to casinos (or their online analogs) reflects budget stress and can distort policy choices.
Casinos in New York City?
2025.09.29 100% relevant
Nicole Gelinas’s line: 'Gambling halls are such nuisance uses… They are emblems not of success but of desperation,' tied to Manhattan’s landslide rejections.
Don’t Bet on Casinos, New York
Nicole Gelinas 2025.09.26 92% relevant
The article reports Manhattan’s community advisory committees rejected all three casino proposals and argues casinos are 'emblems not of success but of desperation,' adding evidence from a Catskills casino bailout and a state comptroller report on revenue shortfalls—precisely the frame that casinos migrate to less powerful places and signal fiscal stress.
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