Marketplace

MARKETPLACE
NEWSLETTER
PAGE 3, JUNE, 1977
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DO THEY EVER SAY THANK YOU? Will the people o
bother to say thanks to Representatives Paul Steinberg and
Charles Papy? I doubt it. How about Gold Coast businessmen"? You
stand to benefit 100 per cent if these two representatives get
anywhere with their House Bill to establish casinos here. Don't we
have the guts to say thanks? There should be a committee all set to
encourage and thank these two men whether they win or Jose.
I've followed their every move, for I am tremendously in·
terested. I do not know what goes on in the m~nds of the fellows who
stand to reap a harvest. There has not been a single recent meeting
held to lend the support that these two representatives surely need.
I am going to try to do something about this.
Here is what is taking place in New York. They aren't facing the
same difficulties as South Florida since they have a goodly
number in their Assembly working for them according to the
following New York Daily News article by Thomas Poster :
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" CAREY, STEINGUT OKAY BILL TO PERMIT GAMING :
Gov. Carey and Assembly Speaker Stanley Steingut CD-Brooklyn)
endorsed legislation yesterday that would allow the state to
operate full-fledged gambling casinos in "resort" areas including
New York City's theater district, Coney Island, Rockaway Beach
and in the Catskills.
"Steingut's backing automatically assured swift approval in the
Democratic-dominated Assembly. The Republican-controlled
State Senate majority withheld immediate comment, pending
study of the bill, but eventual approval was expected.
" The measure would create an 11-member New York State
Gaming Commission that would actually run casinos 'as one of the
most effective means of eliminating or minimizing such activities
as a source of revenue for organized crime syndicates and
professional gamblers.'
Casino gambling, according to a supporting memo provided by
Steingut, would create new jobs and increase tourism in the state,
just as in the Bahamas, Puerto Rico, Las Vegas and Monte Carlo,
where 'casino gambling is providing a major source of revenues to
their governments.'
Legal casinos would be run by the commission, under Taxation
and Finance Commissioner James H. Tully Jr. It would acquire
property for the casinos and run the entire operation with state
personnel. Profits would be distributed on a 50-50 basis with local
governments.
"The proposal, which is subject to voter approval as a con-
stitutional amendment, developed swift acceptance here by Carey
and State Commerce Commissioner John Dyson."
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"The casinos would have to be a.rp
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