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Socioeconomic Benefits of Legalized Gambling in Utah By: Wendy Turgeon, Chase Hebert, Morgan Wyatt and K.C Huffman.
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Thesis What are the benefits to having Gambling Legalized in Utah? Throughout this presentation we will presents that changes likely to occur if it were to happen. #13
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Main Objectives History of the Lottery Concerns of Crime Education Economy of Utah #18
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History Early as 1600’s English Puritan #08
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History 13 Original Colonies Civic Responsibility Revenue #23
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History First Government Sponsored Joint Lottery Powerball – Mega Millions #17
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History Lottery States Non-Lottery States Regulating #14
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Concerns of Crime Issues in Assessing Crime Reduction in Crime Production in Crime #15
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Concerns of Crime Issues in Assessing Crime Agenda Driven Major Lobbying Rapid Growth in Industry Analysis without real crime rate $40B in externality Costs (in the form of Crime) #03
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Concerns of Crime Reduction - Wages of low-skill workers Development of “Bad” areas #16
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Concerns of Crime Increase + Criminality of Visitors Attracting Bad Clients Pathological Gamblers Increased Payoff for Crime Casino Changes to Populace #10
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Concerns of Crime #02
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Concerns of Crime #24
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Education Does the lottery help fund state education budgets? Where does the money go to? If Utah opened a lottery, would it be beneficial to the education system? #12
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Education Each year billions of dollars are put towards the state education budget, among other things. So if so much money goes to the education budget each year, why are our schools still needing to host fundraisers to keep them running throughout the year? #21
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Education So where exactly does the Money go? #20
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Education The money given to the education system is not additional to our already existing education budget. #22
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Education In conclusion, the lottery would greatly benefit the education system, IF the money was used correctly. #11
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Economy of Utah What we’ve been Missing The Growth of Utah Money Back to Utah #01
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Economy of Utah What its been Missing $766+ Million $43,000+ Thousands of Jobs #19
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Economy of Utah The Growth of Utah 3.6% (As of 12/2014) 5.5% (As of 12/2014) 2 nd fastest growth #07
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Economy of Utah Money back to the State #09
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Utah would Benefit History of the Lottery Concerns of Crime Education Economy of Utah
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Conclusion With all the information we've shared we feel bringing the lottery to Utah would have a huge impact on our economy by helping local schools, roads and law enforcement
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Thank You For Listening! Presented By: Wendy Turgeon Morgan Wyatt Chase Hebert K.C. Huffman
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Sources
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Sources Continued
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