5 states that profit most from gambling

Yes, Nevada is on top. But some of these other gaming hotspots may surprise you.

 of 7
 of 7

VIDEO ON MSN MONEY

141Comments
May 21, 2014 7:12PM
avatar
States may profit from gambling and most casino's do okay but the individual that gambles is the big loser for damn sure.....to think otherwise would be foolish! 
May 21, 2014 9:15PM
avatar
Since when does Indiana border Kansas?
May 22, 2014 12:09AM
avatar
YEP CORRUPTION THY NAME IS N.J. ITS AMAZING THAT WHILE THEY RAKE IT IN OFF CASINOS & LOTTERY FOR THAT MATTER THEY ARE ALWAYS THE 1ST TO CRY POVERTY. YOU KNOW THIS MONEY NEVER FINDS ITS WAY TO THE PEOPLE, JUST LOOK AT THEIR ROADS SOME OF THE WORST IN THE COUNTRY OH & SOME OF THE MOST EXPENSIVE PER MILE TO MAINTAIN, WONDER WHY? LIKE I SAID CORRUPTION THY NAME IS N.J.
May 24, 2014 6:18AM
avatar
Terrible reporting.  Louisiana has 22 licensed casinos, not 18. And of this total only 2 are located in New Orleans, and 2 more in nearby Jefferson. The majority of the casinos are spread out across the state with concentrations in Shreveport and Lake Charles, which are both located close to the Texas border.
May 22, 2014 9:05AM
avatar
Gambling is just another tax for the uniformed.  Same as the lottery! 
May 22, 2014 1:26PM
avatar
more than half the state of Louisiana is on welfare the rest of the people work at the casinos and or in jail
May 24, 2014 5:56AM
avatar
"Young gambler old beggar"it a hard habit to break it can put you under a bridge real fast. Good Luck
May 22, 2014 2:07PM
avatar
The property taxes in the state of NV are an abomination!  With the cash these casinos generate, taxes of any kind should be slashed dramatically. Yet, that sadly is not the case. These cash cows (casinos) have many of the politicians who control these rates in their back pockets. With no state tax, NV  is supposed to be a haven for those who live here.  Not so! Property taxes are some of the highest in the country.  There are fees for everything under the sun.  The police and highway patrol are rarely anything more than revenue farmers for the state and cities. And, there's always a need for more officers.  Politicians are weak-kneed and do not work to the benefit of the populace when these mega casinos are involved.      
May 22, 2014 8:47AM
avatar
Them whats agin it are agin it and them whats fer it are fer it.  Been that way forever and it always will be that way.  No ifs ands or buts.  LOL  Vice is part of the human psyche.'  We all have our faults and the worst fault to have is the obsessive desire to control the desires of others.  AMEN brother!
May 22, 2014 8:25AM
avatar

I was born and mostly raised in Kentucky but I now live in Indiana.  I have always been disappointed and somewhat ashamed of my birth state for their backward views on social change and economic progress.  For example it was proposed over thirty years ago that Louisville should have an interstate bypass similar to most other major cities.  Indiana agreed and built their half of what would ultimately become I 265 but Kentucky stalled on the last bridge to complete the project with the East end bridge.  So for nearly thirty years we have had to put up with a two thirds finished project.


Why?  Because the East end is where a great deal of the local money lives and they did not want an Interstate Highway passing through their neighborhoods.  So we studied a ten million dollar bridge project until it became a hundred million dollar bridge project.  Stupidity 101.  Then there is the issue of gambling revenue.  Kentucky is surrounded by gambling states except for Tennessee which is almost as backward as Kentucky. 


Why?  Because the horse racing industry that has been ensconced in this state for over a hundred years opposed the introduction of other forms of gambling because it could potentially reduce the revenues at their various race venues in the state.  We were among the last ones to adopt a state lottery and that was only after they realized that revenues were being drained off to our neighboring states for lottery tickets.  Once again though the Kentucky legislature fails to recognize how much of their state's potential revenues is going to Illinois, Ohio, Indiana, Virginia, and West Virginia.


I enjoy visiting casinos and one of my hobbies if you will is taking note of license plates in the parking areas at these facilities.  It is really rather interesting to see that on some days the majority of the out of state plates in their garages and parking areas are TaDa from Kentucky.  Well La De Da.  Imagine that.  Stupidity 101 again.  Oh well. 


Don't get me wrong.  I love my birth state.  It has some of the most beautiful and diverse landscape to be found anywhere.  It is also the home of Bluegrass music which is one of my favorite forms of music.  The horse racing, the whiskey, and the women are among the best to be found in the nation.  But somehow we always tend to elect those who either don't or can't do the best for this fair state.


Indiana on the other hand is a very progressive and forward looking state.  I lived in Indianapolis for seventeen years.  I watched it go from a rough and tumble hard bitten and crime ridden town to a very progressive and vibrant city mostly under the leadership of former Mayor and later Senator Richard Lugar.  Even though I was and still am a Democrat at heart I certainly recognize and appreciate a solid leader regardless of their party affiliation.  Our Current governor is also a Republican but I feel that he is doing a fine job for the state of Indiana. 


Sometimes you just have to shake off the past and get on with the future.  

May 22, 2014 9:31AM
avatar
A fool and his money soon depart.....and as long as there's gambling and lotteries, there will be plenty of fools out there who want to get rich quick and blow all of it. Heard many lives destroyed on gambling or winning the lottery only to find themselves right back where they started from or worse. The only ones who are getting rich and making all the profits are the casinos who have the big advantages, the government who gets half of it, the states who profit from having the lotteries, and if your playing the stock market, it's a win, lose or draw on that depending on your investments.
May 22, 2014 9:34AM
avatar
Not only has the states gambling totals have grown but so has the local and city bingo halls and gambling machines. You might say its an easy way to get people to volintarily pay a "fun" tax. Only it ain't fun losing a couple of hundred to a Thousand a month gambling. Found out a long time ago the real "Winner" is the guy who keeps his money in his pocket. For entertainment you can watch the poor suckers go into thier wallet or purse and shove those 20"s and 100's into the slot machines and you can usually tell the ones who have hit rock bottom by the blank stare the have while they sit in a chair with no more money to play the machine. I tell you the truth we have saved a small fortune since we quit paying a "FUN" tax.
May 22, 2014 7:20AM
avatar
All that and you left out NY and  Wall ST.
avatar
 ♫ I bet the derby and I won by a nose...
     I bet Vegas and they took my clothes...
     I bet Monte Carlo I was showin' my stuff...
     I bet on you baby, now ain't that enough? ♫
May 29, 2014 7:34PM
avatar
State-sponsored gambling is a testament to cowardly, corrupt politicians. They don't have the smarts or the guts to generate revenue by way of good public policies. And the graft isn't as lucrative. Here in NJ, they made heroes out of people like Steven Perskie who was one of the people who ushered in gambling in Atlantic City. Hell, they even made a judge out of  him. The should have made chum out of him. (He managed to weasel out of  corruption charges while on the bench.) When he dies, the idiots in charge will no doubt name a street or something after him. It its a lake, they should call it "Lake Rat."

Take a look at Atlantic City and see what it did for the city after over 40 years. It is a slum. Only safe places are in the casinos. And not even real safe there. And worst of all, it brought Trump to town with his sleaze and bad comb-over.

And note that since gambling was instituted, our taxes continued to climb despite all the promises I mean lies about the windfall our State would realize.

Gambling is for cretins and assorted scum.

May 24, 2014 9:10PM
avatar
I plays a few of the lottery games in colorado.  Although, I don't think I would ever win big, I like having the chance to win.  I feel like I am donating the money to the parks.  I don't spend a lot but I spend it fairly regularly
May 21, 2014 9:02PM
avatar
won more in tunica than any where.did i spell that right?
Report
Please help us to maintain a healthy and vibrant community by reporting any illegal or inappropriate behavior. If you believe a message violates theCode of Conductplease use this form to notify the moderators. They will investigate your report and take appropriate action. If necessary, they report all illegal activity to the proper authorities.
Categories
100 character limit
Are you sure you want to delete this comment?

DATA PROVIDERS

Copyright © 2014 Microsoft. All rights reserved.

Fundamental company data and historical chart data provided by Morningstar Inc. Real-time index quotes and delayed quotes supplied by Morningstar Inc. Quotes delayed by up to 15 minutes, except where indicated otherwise. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations provided by Zacks Investment Research. StockScouter data provided by Verus Analytics. IPO data provided by Hoover's Inc. Index membership data provided by Morningstar Inc.

RECENT QUOTES

Watchlist

Symbol
Last
Change
Shares
Quotes delayed at least 15 min

MARKET UPDATE

NAMELASTCHANGE% CHANGE
There’s a problem getting this information right now. Please try again later.
NAMELASTCHANGE% CHANGE
There’s a problem getting this information right now. Please try again later.
Market index data delayed by 15 minutes

[BRIEFING.COM] The stock market ended the Thursday session on an upbeat note with blue chips showing relative strength for the second consecutive day. The Dow Jones Industrial Average (+0.4%) and S&P 500 (+0.3%) settled ahead of the Russell 2000 (+0.2%) and the Nasdaq Composite (+0.1%). It is worth mentioning the benchmark index posted its fourth consecutive gain, registering a new record closing high at 1992.38.

Equity indices climbed out of the gate thanks to early strength among ... More


Currencies

NAMELASTCHANGE% CHANGE
There’s a problem getting this information right now. Please try again later.