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Ed Morrison · Gary, like Captain Ahab, clinging to casino dreams
January 18th, 2010
Thanks to Aaron Renn:
Rust Belt Cities: Pursuing Casinos Like Captain 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.
Last 5 posts by Ed Morrison
- Signing off - February 3rd, 2012
- "The current global development model is unsustainable" - February 1st, 2012
- Market opportunities for developing Chicago's green economy - January 29th, 2012
- Plain Dealer flubs its explanation for firing Tony Grossi - January 27th, 2012
- Linking and leveraging university assets to strengthen regional economies - January 27th, 2012
