Casinos are a nasty guess for Florida. Ken Griffin referred to the contribution of casinos to social points, corresponding to habit, bankruptcies, and damaged households expressing considerations in regards to the potential enhance in downside playing and its related adverse impacts on people and communities.
Ken Griffin, the founder, CEO, and Co-Chief Funding Officer of Citadel Miami, expressed appreciation for Floridaβs artistic and revolutionary workforce. The stateβs thriving standing, characterised by vibrant neighborhoods and a booming economic system, is attributed to efficient governance and a considerate voters.
Drawing on a long time of analysis, Griffin argues in opposition to city casinos, citing their confirmed injury to communities and the erosion of general high quality of life. Considerations are raised in regards to the promotion of playing habit by native casinos, typically cashing in on residents dealing with playing issues. The adverse impacts on lives, households, and neighborhood crime charges are emphasised, on the subject of metrics corresponding to decreased house values reported by the Nationwide Affiliation of Realtors.
In 2018, over 70% of Florida voters granted unique energy to residents, fairly than politicians, to authorize on line casino enlargement. Nevertheless, Griffin expresses concern about new laws, Senate Invoice 1054 and Home Invoice 1127, which introduces βallow relocation,β permitting on line casino enlargement to bypass citizen approval. This legislative maneuver is criticized as a gimmick created by lobbyists and particular curiosity teams, disregarding votersβ voices and jeopardizing Floridaβs momentum.
Griffin known as to defeat the proposed laws, defend private rights as voters, and defend Floridaβs future.
