Tuesday, October 05, 2010

Slots Welfare

Using the funds from casinos and VLT's to prop up horse racing has been described by some as "slots welfare" for racing. Well, who would have thought that some of the money spent on slots and at casinos is actually generated from our welfare system. The LA Times has reported that between January of 2007 and May 0f 2010 about $11 million dollars in cash was spent or withdrawn from California issued welfare aid debit cards in Las Vegas with $1 million spent directly on the Vegas Strip. Ya can't make this stuff up.

Maybe in a strange way this makes sense, the Taxpayer funds the welfare recipient who than spends his welfare cash at a slot machine to than fund an industry also in need of help.

In reaction to the Times article, The Schwarzenegger administration is now cutting off use of state-issued welfare debit cards at casinos across the country and on cruise ships.

Before we start amping up the NY Breds Program in anticipation of slot-infused mega purses, Maybe we should ask the New York candidates for Governor, Andrew Cuomo and Carl Paladino, their position on the use of welfare debit cards at the soon to be built Aqueduct VLT's.

1 comment:

The_Knight_Sky said...

Ya can't make this stuff up.

Ya sure. :D

How much of the VLT revenues that went to "education" and comes back to the racetrack?

Certainly the NYRA can reap more than a "college cut day" every year, right?