Tag Archives: gaming industry

Rust Belt Cities: Pursuing Casinos Like Captain Ahab?

ahab

Take a look at this column from the Gary Post-Tribune.

This Indiana city has had casinos since the 1990s, and yet they haven’t really brought the economic development that was promised, this writer believes.

“The Gary casinos haven’t been a complete flop. They have provided jobs and tax revenue of up to $25 million a year to the city,” he writes. “But, the economic development hasn’t followed.”

And keep in mind…Gary is just a short drive from the metropolis of Chicago. And one of those casinos had the Trump name on it, according to the story.

Yet the city continues to think a casino could be its salvation, like Captain Ahab pursuing the whale, as the author puts it.

Leaders in the Ohio cities that just landed casino agreements would do well to take note of what has – and hasn’t worked – in Gary.

-KG

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Filed under Economic Development, Editorial, Good Ideas, Headline, The Media