Uh-Oh, Another ‘New’ Casino In Great Falls?

“Oh no! Another new casino in Great Falls!”.

Sorry, but that complaint is kind of misleading, because gaming licenses are tied to liquor/alcohol licenses which are controlled by the state and apportioned to communities according to population.

Think Whack-a-Mole. One has to close before another pops up. We haven’t had any “new” additional casinos here for a long time.

I’ve said this before, but because of the misperception about how our local economy works I’ll say it again: The City Commission has no legal authority to prevent any business, including a casino, from opening as long as that business meets all of the safety, permitting, zoning and state licensing requirements.

It is a common misunderstanding that the City of Great Falls local government picks and chooses which kinds of businesses we allow to open and operate here. We do not.

How many times have you heard, “Why don’t they bring in (fill in the blank)?”

There is no “they”. This is a free market economy and the kinds of businesses that open and succeed or fail in Great Falls is determined by market forces, not the City Commission or City Manager etc.

Local government can help shape the regulatory, development, and tax environment to a certain degree, but beyond that it’s up to what the marketplace will support.

If you don’t like the kinds of businesses or developments “they” are “bringing in” to Great Falls and think “they” should “bring in” the kind of businesses or developments you would like to see here, then here’s a suggestion:

Put a business plan together, invest your own money, apply for a big ol’ loan, or get a group of investors together and open that business or build that housing subdivision.

Put some of your own skin in the game – then maybe you’ll understand what a huge risk it is and how hard it is to actually start and run a profitable enterprise.

• Category: Economic Development, Great Falls