The Economics of Casino Gambling

The Economics of Casino Gambling PDF Author: Douglas M. Walker
Publisher: Springer Science & Business Media
ISBN: 3540351043
Category : Business & Economics
Languages : en
Pages : 210

Get Book Here

Book Description
Casino gambling has spread throughout the world, and continues to spread. As governments try to cope with fiscal pressures, legalized casinos offer a possible source of additional tax revenue. But casino gambling is often controversial, as some people have moral objections to gambling. In addition, a small percentage of the population may become pathological gamblers who may create significant social costs. The Economics of Casino Gambling is a comprehensive discussion of the social and economic costs and benefits of legalized gambling. It is the first comprehensive discussion of these issues available on the market.

The Economics of Casino Gambling

The Economics of Casino Gambling PDF Author: Douglas M. Walker
Publisher: Springer Science & Business Media
ISBN: 3540351043
Category : Business & Economics
Languages : en
Pages : 210

Get Book Here

Book Description
Casino gambling has spread throughout the world, and continues to spread. As governments try to cope with fiscal pressures, legalized casinos offer a possible source of additional tax revenue. But casino gambling is often controversial, as some people have moral objections to gambling. In addition, a small percentage of the population may become pathological gamblers who may create significant social costs. The Economics of Casino Gambling is a comprehensive discussion of the social and economic costs and benefits of legalized gambling. It is the first comprehensive discussion of these issues available on the market.

The Luck Business

The Luck Business PDF Author: Robert Goodman
Publisher: Simon and Schuster
ISBN: 1439105863
Category : Social Science
Languages : en
Pages : 373

Get Book Here

Book Description
In this damning indictment of legalized gambling, Goodman documents how this business, which generates more than $40 billion dollars a year in revenues, is also the cause of myriad economic and social problems for the very communities that have looked to it as a panacea.

Gambling in America

Gambling in America PDF Author: Earl L. Grinols
Publisher: Cambridge University Press
ISBN: 1139450239
Category : Business & Economics
Languages : en
Pages : 248

Get Book Here

Book Description
Gambling in America carefully breaks ground by developing analytical tools to assess the benefits and costs of the economic and social changes introduced by casino gambling in monetary terms, linking them to individual households' utility and well-being. Since casinos are associated with unintended and often negative economic consequences, these factors are incorporated into the discussion. The book also shows how amenity benefits - for casinos, the benefit to consumers of closer proximity - enter the evaluation. Other topics include agent incentives and public decision making, conceptual clarifications about economic development, cost-benefit analysis, and net export multiplier models. Professor Grinols finds that, in considering all relevant factors, the social costs of casino gambling outweigh their social benefits.

Legalized Casino Gaming in the United States

Legalized Casino Gaming in the United States PDF Author: Cathy Hc Hsu
Publisher: Routledge
ISBN: 1135410623
Category : Business & Economics
Languages : en
Pages : 284

Get Book Here

Book Description
Covering the entire United States gaming market, Legalized Casino Gaming in the United States provides gaming researchers, policymakers, and hospitality students comprehensive overview of the history, development, legislation, and economic and social impacts of riverboat, land-based, and Native American casino gaming. Containing national and regional research about the industry, this book will provide students with a historical view on gaming and the hospitality industry, offer researchers data and current market status of the industry; and will give policymakers information about the advantages and disadvantages of a gaming industry in their community. Comprehensive and thorough, Legalized Casino Gaming in the United States is full of case studies, data, and surveys that provide you with credible information on community incomes, residents’attitudes about gaming, and gaming taxes in certain states. This fact-filled book will help you evaluate and learn about the pros and cons of the industry, including: reviewing changes in the gaming laws and regulations in particular regions and segments of the industry explaining laws and regulations by state for riverboat and other Native American land-based gaming examining negative and positive social impacts of gaming, including crime; quality of life; community services; availability of entertainment, recreation, and cultural activities; community attractiveness, such as reputation, appearance, cleanliness, and traffic; local resident attitudes; and pathological gaming explaining Nevada’s gaming regulatory system, including the roles of the Nevada Gaming Commission and Gaming Control Board, and discussing issues related to currency transactions, exclusion lists, work permits, customer disputes, and underage gambling discussing positive economic aspects of Native American gaming, such as tax benefits, in Connecticut, Wisconsin, Oregon, and Minnesota, and how the industry impacts surrounding communities Examining the industry from ethical, economic, and social standpoints, the contributors offer you several perspectives of a situation, not just one side of an issue, to help you make educated decisions or opinions about gaming. Bolstered with charts, graphs, tables, and future research recommendations, Legalized Casino Gaming in the United States offers you an in-depth and comprehensive look at the gaming industry, helping you weigh the positive and negative effects of one of the most popular areas of hospitality.

Regional Science Perspectives on Tourism and Hospitality

Regional Science Perspectives on Tourism and Hospitality PDF Author: Mauro Ferrante
Publisher: Springer Nature
ISBN: 3030612740
Category : Business & Economics
Languages : en
Pages : 510

Get Book Here

Book Description
This book approaches the tourism and hospitality industry from a regional science perspective. By analyzing the spatial context of tourist travels, the hospitality sector, and the regional impacts of tourist activities, it demonstrates the value of the regional science paradigm for understanding the dynamics and effects of tourism and hospitality-related phenomena. Written by leading regional science scholars from various countries as well as professionals from organizations such as OECD and AirBnB, the contributions address topics such as migration, new types of accommodation, segmentation of tourism demand, and the potential use of tracking technologies in tourism research. The content is divided into five parts, the first of which analyzes spatial effects on the development of firms in the tourism industry, while the second approaches temporal and spatial variability in tourism through analytical regional science tools. The broader economic and social impacts of tourism are addressed in part three. Part four assesses specific tourism segments and tourist behaviors, while part five discusses environmental aspects and tourism destination policies. The book will appeal to scholars of regional and spatial science and tourism, as well as tourism specialists and policymakers interested in developing science and evidence-based tourism policies.

Just One More Hand

Just One More Hand PDF Author: Ellen Mutari
Publisher: Rowman & Littlefield
ISBN: 144223668X
Category : Business & Economics
Languages : en
Pages : 281

Get Book Here

Book Description
Just One More Hand tells a story that workers all over can relate to: an industry that promised a solid and stable livelihood is being transformed by competitive pressures, causing employees to lose their economic footing. What seemed like a good job one day becomes a bad job the next. Incorporating the real experiences of casino employees, the book demonstrates the difficulties for local communities that are building new casinos in the hopes of luring tourists. Local communities placing all their chips on casinos as an economic development strategy face increasingly long odds. Life stories of individual workers in Atlantic City are explored in the context of the history of the city and the now-global gaming industry. With more and more casinos competing for customers, employees are feeling the brunt of cost-cutting measures, including the wholesale closure of some casinos. While long-time employees are fighting against concessions and wage stagnation, younger workers juggle multiple part-time and seasonal jobs at several casinos. Policy makers hoping to offset these trends are trying to rebrand Atlantic City for a younger, hipper, and more well-to-do clientele using public-private partnerships. Unfortunately, scant attention is being paid to the core issue in economic development—the need for sustainable livelihoods and meaningful work. Here, Ellen Mutari and Deborah Figart explore the realities of the industry and the lives and challenges the workers within it are facing.

Casinonomics

Casinonomics PDF Author: Douglas M. Walker
Publisher: Springer Science & Business Media
ISBN: 1461471230
Category : Business & Economics
Languages : en
Pages : 329

Get Book Here

Book Description
Casinonomics provides a comprehensive analysis of the economic and social impacts of the casino industry. Examining the latest cutting-edge research, with a mix of theory and empirical evidence, Casinonomics informs the reader on the most important facets at the forefront of the public policy debate over this controversial industry. While the casino industry has continued to expand across the United States, and around the world, critics argue that casinos bring negative social impacts that offset any economic benefits. Casinonomics examines the evidence on the frequently claimed benefits and costs stemming from expansions in the casino industry, including the impact on economic growth, consumer welfare, and government tax revenues, as well as gambling disorders, crime rates, and the impact on other businesses. Readers will come away with a better-informed opinion on the merits of these arguments for and against public policies that would expand casino gambling.

Do Casinos Create Economic Development?

Do Casinos Create Economic Development? PDF Author: Jonathan Krutz
Publisher:
ISBN:
Category : Casinos
Languages : en
Pages : 0

Get Book Here

Book Description
"Casino gambling has exploded across the United States over the past 30 years. Both the academic literature and gambling proponents agree that promises of economic development have driven casino policy decisions. While such claims are tempting to policy makers, the academic literature has been largely skeptical of both the methodologies and conclusions of the casino-sponsored research behind them. For such claims to be true, retail sales and employment must grow faster in local economies with casinos than in similar locations without them. Economic theory and academic research suggest that casinos do not attract new money to an area but instead cannibalize existing businesses, leaving the local economy, at best, no better off than before. This study provides a broad test of the economic development claim by measuring the substitution effect of casinos with regression and Growth Curve Model analyses. Census Bureau data allows comparison of growth rates of retail sales and employment between casino and non-casino micropolitan and metropolitan economic areas from 2002 to 2017. To isolate local casino economic impacts, the study excludes America's four destination-casino states as well as six other states where EGMs (electronic gambling devices, aka slot machines, source of 70 to 88 percent of casino revenues) operate separately from casinos. The study finds little evidence that casinos boost retail sales growth; instead, in the 2007 to 2012 period that includes the Great Recession, retail sales in casino economies shrank at a rate two to three times greater than in non-casino economies. The Growth Curve Model also shows that employment grew at a slower rate in casino economies than in non-casino economies across the entire study period."--Boise State University ScholarWorks.

Governing Fortune

Governing Fortune PDF Author: Edward A. Morse
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 348

Get Book Here

Book Description
The first accessible introduction to the American gaming landscape

Gambling, Economic Development, and Historic Preservation

Gambling, Economic Development, and Historic Preservation PDF Author: Christopher Chadbourne
Publisher:
ISBN:
Category : Architecture
Languages : en
Pages : 64

Get Book Here

Book Description
Gambling can be a winning proposition for everyone--not just the lucky blackjack player holding a hand of 21. This report looks at what it takes to ensure gambling contributes to a community's overall well-being. Drawing on a review of current research, the report investigates the challenges that local officals, planners, and historic preservationists face when introducing casinos into a community. It examines ways to make sure that gambling operations contribute to the local economy and fit within the area's economic development and heritage tourism plans. Five case studies illustrate the dos and don'ts of establishing gambling operations.