Why Should The Gambling Age Be Lowered To 18
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Jan 13, 2010 The legal gambling age on most cruise ships is 18 I believe. Every time I passed by the table this person was there and not with his parents. Seems to me that allowing someone that young to partake in such a high risk activity could lead to nowhere good.
When your core market isn't spending as much, you have to expand the market. That's the plan in Vegas, where casinos are facing an unprecedented downturn in business:
MSNBC: The Nevada Gaming Control Board reported last week that revenue at the state’s casinos fell by 22 percent in October, compared with the same month last year. It was the 10th straight monthly decline — and the biggest ever. The story was even worse on the Las Vegas Strip, where the October take was down by 26 percent. The steep downturn has sparked a movement to lower the legal gambling age to 18.
If it happens, expect to lose more money at the poker tables as internet poker wiz-kids eat your lunch.
A new bill introduced this month would lower the legal gambling age in Nevada to 18.
Assembly Bill No. 86 comes from Silver State Assemblyman Jim Wheeler, a Republican. The measure would also allow those 18 and over to work in a Nevada casino.
Why Should The Gambling Age Be Lowered To 18 Articles
The legislation said it would not allow those under 21 to drink alcohol in a Nevada casino.
According to a report from the Las Vegas Review-Journal, the idea to lower the legal gambling age was briefly considered in 2008, but it was never given real legislative thought.
Nevada casinos took $11.26 billion off of gamblers last year, an increase of just 1.3 percent compared to 2015 and still well below the record of $12.85 billion in 2007.
The state’s gaming market has been relatively stagnant over the last few years.
According to thecollegeinvestor.com, the median net worth for an 18-year-old in America is about negative $9,000, a figure that gets worse up until age 21. Ddc double down casino share.