Casinos often hand out empty promises during their beginning stages to gain citizen approval, as is the case with the state of Ohio. Ohio was promised new textbooks, increased funding for the arts, and economic development when the casino development campaign was approved by voters in 2009. However, the projected estimates of casino revenues fall far short of reality, making many of Ohio’s plans to use the money for education and economic development unrealistic. Ohio has quickly learned that casino revenues are doing far from helping to improve the state.
“New York City Launches Sweeping Investigation Into Polymarket and Kalshi” | The Wall Street Journal
By Kevin T. Dugan, Katherine Long “The New York City Council is investigating four prediction markets for alleged deceptive marketing