Stopping Casino Funds
The land and online casino gambling industries are two of the most powerful
industries in the world. The reason behind this power is not because of the
reputation of the industries, they couldn’t stand on that alone, but instead
based on the sheer amount of cash that the internet gambling companies and the
executives at these companies have at their disposal. The land and online
casinos bring in billions in revenue and if there are not specific controls in
place, these same companies then use that gambling related money to sway
politics and politicians to their favor. Pennsylvania is a huge state for the
land gambling industry now, and the theory holds true that a big reason for the
expansion of land gambling in the state comes from the legalized political
campaign contributions from gambling executives.
A new initiative in Pennsylvania seeks to reign in the campaign contributions
from the gambling industustries with a new proposal. The new law would be
specifically aimed at the land and online casinos executives who have been
donating millions to political campaigns in an effort to sway the government to
more favorable gambling legislation. That efforts have worked well over the past
several years and the State of Pennsylvania has one of the most liberalized
slots gambling industries in the world – they have numerous land casinos in
operation and more scheduled to open in the coming year.
Specifically, on the new bill, the proposal has strong support in parts of the
Senate and there are positive indications that it will find overwhelming
approval in the rest of the government. The ban would put a tight ban on cash
contributions by gambling executives and even investors to any of the political
causes. |