elkins casinos

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Ashley Shurow

Elkins Casinos






There seems to be no question that, at least in the short term, the spread of video lottery

has been profitable from a business standpoint. In the first year of operation of these machines,

under the Limited Video Lottery Act of 001, revenues exceeded projected figures, with sales of

$46 million. By the end of the 00 fiscal year, those sales are expected to top $170 million, a

70% increase.

These machines are profitable not only for the state, but for small business owners as well.

One local Elkins bar owner, after holding out on a welcome to the machines, recently added them.



When asked why in a recent article in the Inter-Mountain, he stated the obvious “They’re

profitable.”

Not only are established businesses profiting from these machines, but they’re also

creating a market for establishments catering specifically to video gaming. In Elkins alone,

several of the new wave of chain “casinos” have opened over the last few months.

So, from a business standpoint, video gambling seems to be paying off. But, what of the



people playing the games? Some politicians look to the economic and social consequences faced

by these people. Senator Sarah Minear recently stated, “I think the people that play the machines

are the ones that can least afford it.”

What ethical responsibility should the state government take? Governments seem to

legislate morality, until they can profit from it. The state is getting its cut from the profits, then

taxing the profits made on the machines by the businesses housing the machines and the vendors

that tend them at the rate of 8% to 5%.

Even from a sheer profitability standpoint, we’re yet to see what economic impact these

machines will have in the long run. Senator Minear said of video gaming, “It creates a financial

hardship on the families which will ultimately be on the state and taxpayers.”

In the short term, some are profiting (some very much so), and some (the gamblers who

can’t afford it) are not. It will be interesting to see what will happen from social and economic

standpoints over the years to come.





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