Tuesday, July 21, 2020

Kansas City Game Of Chance: Banking On Riverboat Casino Revenue At Despite Costs



This isn't so much "news" as it is a sign of the cruel culture of diminishing returns . . .

KSHB: $61M redevelopment plan discussed for Isle of Capri Casino

Not so long ago, locals touted jobs, revenue for schools and so many other benefits of the gaming industry . . . And most politicos turned a blind eye to increased bankruptcies and the quotient of human misery that often surrounds gambling addiction . . . And overindulging at the buffets.

Developing . . .

8 comments:

Anonymous said...


will include changing the name to "Isle of Debris"

Anonymous said...

The Tourists!

Anonymous said...

Does KC Casinos still bring in the shuttle vans of seniors to gamble from Nursing homes ? Same seniors with assistants holding their purses. Seniors that can't even hold their heads up. How criminal. Social security day becomes scamming of the elderly without ability to make rational decisions.

Anonymous said...

The casino gets a subsidy, construction companies have some work, development lawyers get paid well and the politicians get campaign contributions. A win for all except the citizens who pay for it.

Anonymous said...

You have to applaud Port KC's transparency. Its meeting document states the plan is to immediately start the "entitlement processes" with the city of Kansas City. Corporations in KC are entitled to public taxpayer funding of costs while keeping profits private. And the slick KC Economic Development Corporation will enter into phony leases that will allow all construction materials and equipment, furniture, fixtures to be bought sales tax free. This is all accomplished with the blessings of the Mayor and City Council.

Anonymous said...

When I think of Isle Of Capri Casino I will always think of Gov Mike Parson

Anonymous said...

"...immediately start the "entitlement processes"

In this usage, the word "entitlement" refers to the required approvals to build (zoning, permitting, etc) and is the common way to refer to this. It has nothing to do with being entitled to any public funds, though I'm sure that's part of the plan.

Damn, stupid commenters abound this morning.

Anonymous said...

^^ Then o back to bed! That'll improve the intelligence quotient of these posts!