Saw a bumper sticker once that read: "Lotteries are a tax on people bad at math"
I kind of liked it……..
I kind of liked it……..
Ira lubert wants to open a casino at the nittany mall
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Of course it’s Lubert. Does Joyner get a no show job there, or does he just get free residency in the basement?
I would think Casinos would bring more crime to the area. I am thinking more big city type crime. However, I do think it will create jobs across the board and bring in money to the local economy. Local Municipalities are pushovers in this area and builders, etc get away with things they wouldn't in more suburban big city municipalities. If I were in the local municipalities I would make damn sure we get a cut of the money that these casinos rake in.
There are some tech companies in the area that struggle to find good tech workers. If they would pay more(like suburban Philly or Pittsbugh wages) they would attract more talent to the area. However, as I have observed, the good talent leaves for the high wages. Kids are graduating PSU and getting higher wages as entry level tech workers then some of the companies pay senior level tech workers.
If this pandemic keeps the University from opening and getting back to normal in a year or so, I see people leaving the area. Having the University here sometimes brings event you have to go to the big cities for(Broadway plays, concerts, etc)
There are some tech companies in the area that struggle to find good tech workers. If they would pay more(like suburban Philly or Pittsbugh wages) they would attract more talent to the area. However, as I have observed, the good talent leaves for the high wages. Kids are graduating PSU and getting higher wages as entry level tech workers then some of the companies pay senior level tech workers.
If this pandemic keeps the University from opening and getting back to normal in a year or so, I see people leaving the area. Having the University here sometimes brings event you have to go to the big cities for(Broadway plays, concerts, etc)
The 2020 census will be interesting. It certainly "feels" like the State College area is growing, doesn't it? Especially in some of the more outlying townships and out to Bellefonte. The 2019 census projections indicate relatively modest growth in State College borough, but a 5% population increase in Centre County generally. I would think that most of that growth would be attributable to the State College area. I know whenever I peek at Zillow for the State College area, the housing prices seem to be a bit higher than what I expect them to be.
Anecdotally, it certainly seems more and more like the employment and economic "locus" of central Pennsylvania seems to be shifting towards State College, when in years and decades past it seems like it was much more balanced between Altoona, State College, Williamsport, etc. I know a bunch of anecdotal stories of folks who live in places like Altoona and Lewistown who have changed jobs and now make the trek to and from State College every day, when they used to work closer to where they live.
Still waiting for my property taxes to go down from the revenue generated at the casinos.
A
anon_xdc8rmuek44eq
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Depends I think. Is it going to just be a casino (gambling), or will it have other entertainment options (dining, bars, etc.)? Any idea of the impact of casinos in other similar areas? Could be cool if it adds some decent nightlife options for folks. Will there be a hotel attached?
I play the slots now and then- but always keep in mind that they don't build these things to put money into my pocket.
I don't really think the mini-casinos are big enough to have the sorts of amenities that you're thinking of. A lot of them seem to be attached to struggling shopping malls. I think they're only allowed to have a max of 700 or so machines and 30 tables - just for reference, Rivers Casino in Pittsburgh has 3,000 machines and over 100 tables, and Meadows Casino in more rural Washington, PA has 2,500 machines and 65 tables. I'm not even sure if the mini-casinos can have a sportsbook.
There might be a new hotel that ends up getting built over there because of this casino, but I doubt it'll be anything substantial, or even directly connected to the casino.
I thought the school taxes were going to be eliminated by the casino money.
The investment money is easy to come by these days.Lubert gets his casino
Mini-Casino To Be Located In Centre County Near Penn State
Philadelphia business investor Ira M. Lubert submitted a winning bid of $10 million to develop another Pennsylvania gaming property.www.pennbets.com
Looks like I’m in the minority on this thread, but from someone who plans to retire in State College, I love the idea of having a casino in the area.
In a way you are correct. But, residents can get in the casino only after purchasing a permit.
Yeah. The ties to organized crime through this asshole Lubert are as obvious as ever. As is the fact that State College has always been a money machine for these types. We were all just too stupid to see it until it was too late. A horribly corrupt, rotten place with a Hell of a veneer. The joke is on us.
One of the guys I was with who was a resident told me this. Maybe he didn't know about the permit or just did not bother with the details. He told me that I could go into the casino but he could not. That was at the Marina Bay Sands.
My quarter stealer was 1942. You could drop more money in and pick up your game where you left off. I never did get past the huge airplane at the end, but it wasn't for lack of trying $$$$.
And the Johnstown Flood tax was supposed to be temporary, instead it’s been increased a couple of times and temporary has been defined as 80+ years and counting
This has been in the news for two years..ask someone who cares about State College...
Barry.
Sports betting.....college town....marriage made in heaven...until you stay in one of Iras hotels.
Barry is usually both right and way ahead of the curve, as he was on this one. I have learned a lot from reading his stuff. People are just offput by his...other idiosyncrasies.
I worked for the Singapore Casino Regulatory Authority (CRA) for a number of years and investigated the Las Vegas Sands for their Casino License in Singapore. Been to Singapore numerous times working. Funny, in that one time I was at the Marina Bay Sands and left my passport in the hotel room; thus, was turned away when attempting to enter the casino floor which didn't both me one bit.
I do but I don’t see the customer getting anything of value in return for his money spent. I suppose you get a few hours of enjoyment and the fantasy of striking it rich. I’d rather spend my money on something more tangible. But if thats your thing, than go for it. I spend money on wrist watches, high end meals, travel, and cars, and probably pay far in excess of what most on this board would deem makes financial sense.
I really don't see it working in State College for more than a year or so. The locals are very different than anywhere else in the State and people coming in for games usually have more than enough on their schedule
LOL...you'd better double your meds, my man...
Looking at the PA map for casinos you have 4 in Philly and suburbs 3 more out east, 3 in Pittsburgh area, and just Hollywood in Grantville in the middle. It's a geographic monopoly on central PA someone should be looking to fill though somewhere along the turnpike or 81 would get a more class A CDL certified type consumer passing through.
With on line everything, including sports books etc. for how long will such locations matter?
This is why the Old Guard Board of Trustees sold PSU, Joe and Tim down the river....play nice, don't buck the narrative and you can continue to play in the sandbox......
Will this casino feature the same types of payouts Ira offered a few years ago...?
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