PG report on impact studies

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PG report on impact studies

Postby newarenanow on Tue Mar 07, 2006 5:19 pm

Not sure how the impact studies were put together, but the PG basically said all of the positives for Harrah's, not mentioning any negatives, and had all negatives reported for the IOC, with not one positive.

http://www.post-gazette.com/pg/06066/666514.stm

IF this is how it is going to be viewed by the gaming board, then the IOC has no chance.
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Re: PG report on impact studies

Postby dboss on Tue Mar 07, 2006 5:23 pm

newarenanow wrote:Not sure how the impact studies were put together, but the PG basically said all of the positives for Harrah's, not mentioning any negatives, and had all negatives reported for the IOC, with not one positive.

http://www.post-gazette.com/pg/06066/666514.stm

IF this is how it is going to be viewed by the gaming board, then the IOC has no chance.


I agree, but the FC projections for revenue and jobs are completely ridiculous! By their estimation the casino will create approximately 2,200 jobs, but will have an additional 8k in spin-off jobs for goods and services. Excuse me but WTF are they talking about? Goods and services?? What the hell does that mean? I'm sure they didn't offer up and specifics related to this estimation either.

If it smells like its too good to be true, it probably is!
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Postby Sleestak on Tue Mar 07, 2006 5:45 pm

What the most disturbing part of this is that there weren't several impact studies done by several companies for each slots proposal.

Don't we, as Pittsburgh residents, deserve to know what will happen to our city? I don't think one consulting firm per proposal is truly enough.

Where are the traffic reports for Harrah's?
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Postby ExPatriatePen on Tue Mar 07, 2006 5:55 pm

The PG is idiodic.

First they print letters to the editor from people posing as citizens who have a financial interest in seeing FC get the license. Now they post snippets from impact studies that are blatently one sided.

Damn I'm getting tired of their antics.
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Postby Bowser on Tue Mar 07, 2006 6:02 pm

I said it a month ago and I'll say it again, I believe the Block family has some kind of ties to the Ratner family. It is also a known FACT that many of the PG's editors and writers do not like hockey, Lemieux, Patrick, and the fans who follow it.

Schribman, Micco, desk copy boy like Fink, Cook, Smizik and bound to be others.
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Postby bill from turtle creek on Tue Mar 07, 2006 6:26 pm

If that is all that it is, then the Trib will go after it full-bore, and will usually disagree with the PG point by point.

Of course, nobody reads the Trib.
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Postby ExPatriatePen on Tue Mar 07, 2006 6:30 pm

Hey, *I* read the Trib :-)

Bowser was complaining about this the other day, and I can't say I disagree with him, reading newspapers in Pittsburgh is a choice between two evils. Either you get to read the leftist liberal rag published by the Block family or you get to read Scaif's Right wing tirades.

Kind of like a choice between NPR and FOX. :-)
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Postby Bowser on Tue Mar 07, 2006 6:31 pm

Bill - Trib has their issues with any money going to the arena. They won't back IOC unless they know it will help the Republican spin cycle.
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Postby netwolf on Tue Mar 07, 2006 6:40 pm

At the end of the article, it does say "more details in tomorrow's PG." I'll read that and if it is constructed as this one is, then it's really bad journalism.
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Postby bill from turtle creek on Wed Mar 08, 2006 8:46 am

Bowser wrote:Bill - Trib has their issues with any money going to the arena. They won't back IOC unless they know it will help the Republican spin cycle.


Agreed. It's an unfortunate truth that Capri is not going to have a major media outlet on their side during this whole thing, because of that. The Trib will perhaps, sort of, maybe, not slam Capri, only because the PG is most likely going to be soft on Harrah's as they will support the Democratic party line, and the Trib will do something knee-jerk to respond to that.

As I've said before, I think that the end result of this will be a Plan B or C that gets an arena built, at the same time that FC gets the license. If Capri gets this license when the media won't help them expose the fraud of their competitors, AND the governor and his financial cronies back FC, AND many local influential people are investors in FC, it will be a ^%$#$
miracle. There are just too many of these problems for Capri to overcome, in my opinion. The fact that they are still in the game at all is shocking.
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Impact Studies Part Duex

Postby ExPatriatePen on Wed Mar 08, 2006 9:02 am

http://www.post-gazette.com/pg/06067/666761.stm

PG grows some stones and exposes the amount per Allegheny resident harrahs hopes to fleece.

http://www.post-gazette.com/pg/06067/666766.stm

Harrahs continues to try and pull the wool over the residents of SW Pa.

A typical 'economic' multiplier (The number of additional jobs and revenues that a business enterprise generates outside of it's own operations) is 20-50%

Harrahs is estimating 400% !!!!!!

"They also projected 10,377 new jobs in year one -- 2,200 at the casino itself and more than 8,000 spin-off jobs created by higher demand for goods and services."


Harrahs is banking on the fact that the Pittsburgh community is to ignorant to understand their grossly inflated estimates. (Unfortunately, unlike the slots themselves, I think this is a winning bet).
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Postby Bowser on Wed Mar 08, 2006 10:38 am

Has anyone on this board ever dealt with economic impact statements?

I'd like to create a little excel spreadsheet to show the HUGE lies given by the casino applicants. Yes, that includes IOC if they are doing it.

Things like job creation formulas, crime rate, etc.

I plan on comparing the reports released Friday with Philadelphia applicants. I haven't done it yet but I'm going to try to find the statements for New Orleans by Harrah's.
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Postby ExPatriatePen on Wed Mar 08, 2006 11:05 am

Bowser wrote:Has anyone on this board ever dealt with economic impact statements?

I'd like to create a little excel spreadsheet to show the HUGE lies given by the casino applicants. Yes, that includes IOC if they are doing it.

Things like job creation formulas, crime rate, etc.

I plan on comparing the reports released Friday with Philadelphia applicants. I haven't done it yet but I'm going to try to find the statements for New Orleans by Harrah's.


The New Orleans fiasco is something that needs to be documented.

Harrahs will cite the fact that their estimates did not take into consideration the impact of gaming 50 miles away on the Mississippi Gulf coast, and that the foot dragging by N.O. politicians was the reaon they missed their estimates, but that's smoke and mirrors.

Harrahs biggest mistake in N.O. was grossly over estimating revenues and thinking N.O. could do as well or better than their Nevada operations.

They also got sucked in to a number of under the table and back room deals with politicians who were trying to profit off the initiative.

Sound familiar?
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