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British Columbia is now in on the plan for bringing
gambling to small towns. Campbell River is ready with open arms. If
approved, the town would get an influx of revenue totaling almost $900,000
per year. For a small town, needless to say, this is a huge amount of money.
The town has decided to invest the funds into a fund that would then enable
the township to make improvements in schools, organizations, public roads,
etc. - money that just hasn’t been there before.
The town has already collected $1.3 million in property sales, which is
already earmarked for the fund. Once the move is permanent, sometime by
November, the town will have roughly 110 slot machines that will add to the
money being collected from the land sales – and thereby increasing the
amount of the fund itself. As word got out about the proposed gambling
center, real-estate investors started showing an interest in the land, as
well as where the machines would eventually be placed.
The town takes this all very seriously, and as a result has listed all of
the pros and cons to the addition of the machines. The money will be a nice
boost to their economy, but they have already taken note of the darker side
of the gambling world as well. Fifty percent of the funds that are going
into the town fund will be spend on creating and maintaining programs to
help addictive gamblers within the town as well. The money will also be used
to help with the homeless population, and in increasing the more financially
strapped areas as well.
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