The house always wins
Dennis Roddy travels to West Virginia's Mountaineer Race Track and Gaming Resort to see what the future holds for Pennsylvania:
The criticism of slot machines, which are also credited with saving West Virginia's horse racing industry by drawing new marks to the casinos and the adjacent tracks, is that they drain money from people who could better spend it on things like washers, dryers, cars, groceries, mortgages and medicine.
"A lot of people get hurt here, my friend," Poulos said. He told of a banker pal who took all of two years to extinguish his pension savings.
At the same time, Hancock County's economy wasn't exactly building new pensions at the time MTR Gaming Group turned 342 racetrack jobs into 1,700 casino positions.
It's not gambling I have a problem with. I've done it myself. It's gambling as an economic development strategy and vehicle for tax "reform" that gives me pause.