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| Study
Says Casino Would Drain Casin From Region
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ASSOCIATED
PRESS November
13, 2000
KENOSHA, Wis. - A proposed casino would drain about $221 million a
year from the regional economy, according to a study commissioned
by the casino's opponents.
The Menominee
Nation's casino, planned for the Dairyland Greyhound Park, will
derive only 10 percent of its revenue from people outside the
region, while 90 percent of the money will come from residents in
the surrounding eight-county area, which includes Kenosha, Racine,
Walworth, Milwaukee, Waukesha, Ozaukee, Washington and Lake (Ill.)
counties, according to the study.
The Kenosha Coalition Against Legalized Gambling paid $2,000 to
William N. Thompson, a professor of public administration at the
University of Nevada-Las Vegas, to complete the study.
Earlier this fall, Thompson developed an analysis with similar
findings for opponents of the Ho Chunk tribe's proposed casino in
La Crosse. Thompson's study concludes that given the imbalance of
spending, social costs of compulsive gambling and crime fostered
by the casino and the tribe's plans to remove up to 70 percent of
profits from the region, the project will create a drag on the
regional economy, not the economic boost that casino proponents
have suggested.
The professor's study is based in part on numbers developed by
Crowe Chizek and Co., an Indianapolis consulting firm hired by the
city in 1998 to research the economic and social effects of casino
gambling in Kenosha.
Thompson forecasts an annual draw on the region of $221,967,578.
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