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

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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.

Gambling in America

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

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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.

Pathological Gambling

Pathological Gambling PDF Author: National Research Council
Publisher: National Academies Press
ISBN: 0309065712
Category : Medical
Languages : en
Pages : 353

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Book Description
As states have moved from merely tolerating gambling to running their own games, as communities have increasingly turned to gambling for an economic boost, important questions arise. Has the new age of gambling increased the proportion of pathological or problem gamblers in the U.S. population? Where is the threshold between "social betting" and pathology? Is there a real threat to our families, communities, and the larger society? Pathological Gambling explores America's experience of gambling, examining: The diverse and frequently controversial issues surrounding the definition of pathological gambling. Its co-occurrence with disorders such as alcoholism, drug abuse, and depression. Its social characteristics and economic consequences, both good and bad, for communities. The role of video gaming, Internet gambling, and other technologies in the development of gambling problems. Treatment approaches and their effectiveness, from Gambler's Anonymous to cognitive therapy to pharmacology. This book provides the most up-to-date information available on the prevalence of pathological and problem gambling in the United States, including a look at populations that may have a particular vulnerability to gambling: women, adolescents, and minority populations. Its describes the effects of problem gambling on families, friendships, employment, finances, and propensity to crime. How do pathological gamblers perceive and misperceive randomness and chance? What are the causal pathways to pathological gambling? What do genetics, brain imaging, and other studies tell us about the biology of gambling? Is there a bit of sensation-seeking in all of us? Who needs treatment? What do we know about the effectiveness of different policies for dealing with pathological gambling? The book reviews the available facts and frames the intriguing questions yet to be answered. Pathological Gambling will be the odds-on favorite for anyone interested in gambling in America: policymakers, public officials, economics and social researchers, treatment professionals, and concerned gamblers and their families.

Casino Capitalism, Society and Politics in China’s Macau

Casino Capitalism, Society and Politics in China’s Macau PDF Author: Sonny Shiu-Hing Lo
Publisher: Cambridge Scholars Publishing
ISBN: 1527557111
Category : History
Languages : en
Pages : 301

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Book Description
This book explores the characteristics of casino capitalism in Macau under Chinese sovereignty and administration. It argues that casino capitalism propelled the region’s economic prosperity and social stability in the period starting from the internationalization of the casino industry in 2002 to the end of 2019. However, casino capitalism also exacerbated the income gap between the rich and the poor. To tackle income inequality, the Macau developmental state combined casino capitalism with social welfarism. The region’s developmental state has been characterized by its relatively decisive leadership, its autonomy from the capitalist and working classes, and a comparatively weak civil society. China has encouraged Macau to shift from its overdependence on casino capitalism to economic diversification and integration with the Greater Bay Area. However, given Macau’s long-standing and profound dependence on casino capitalism, the path of economic diversification is destined to be long and difficult. As this book also argues, the Macau model of “one country, two systems” is a unique one which cannot be easily transplanted to Hong Kong, where the overdeveloped politics and assertive civil society are a far cry from Macau’s frozen politics and quiescent society.

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

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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.

Governing Fortune

Governing Fortune PDF Author: Ernest P. Goss
Publisher: University of Michigan Press
ISBN: 0472024868
Category : Business & Economics
Languages : en
Pages : 344

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Book Description
Written by a lawyer and an economist, Governing Fortune summarizes the legal framework supporting the gaming industry and reviews the costs and benefits of casinos by showing how tax base and job growth vary widely with site-specific factors. The book sets forth an innovative proposal for the licensing of gamblers as a means to balance the liberty interests of individuals against the social costs generated from problem gambling behavior. Morse and Goss offer both regional and sector comparisons of the gaming industry and accessible data about every aspect of the gaming environment, including the impact of gambling on economic and social environments. "Goss and Morse provide an outstandingly sound economic understanding of the function and place of casinos in American society, including essential heretofore unavailable grounding in the legal issues that the book accomplishes remarkably effectively. Moreover, this wealth of economic and legal information is transmitted in an engaging and readable manner. Scholarly, thoughtfully collected and authoritative, the book is of interest to any learner of the gambling industry, including students, civic activists, legislators, and scholars." — Earl Grinols, Baylor University "In this book, Morse and Goss make important contributions to our understanding of the negative outcomes of the expansion of gambling in America." — Jon Bruning, Nebraska Attorney General Edward A. Morse is Professor of Law and holder of the McGrath North Mullin & Kratz Endowed Chair in Business Law at Creighton University School of Law. Ernest P. Goss is Professor of Economics and MacAllister Chair at Creighton University and was a 2004 scholar-in-residence with the Congressional Budget Office.

Challenging Corporate Social Responsibility

Challenging Corporate Social Responsibility PDF Author: Jessalynn R. Strauss
Publisher: Routledge
ISBN: 1134566468
Category : Business & Economics
Languages : en
Pages : 180

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Book Description
The concept of Corporate Social Responsibility (CSR) has become increasingly widespread, as businesses seek to incorporate socially responsible behaviors while still being accountable to shareholders. Indeed some research has suggested that CSR in itself can form the basis of good PR by promoting consumers’ purchase decisions. Arguing that this approach is a dangerous oversimplification, this book takes a deeper look at the concept of CSR in a particularly challenging context - casino gaming. Originally the province of seedy, backdoor establishments in isolated cities, casino gaming has become a multibillion-dollar global industry. Drawing on in-depth research in Las Vegas, this unique study examines how and why corporations in the casino industry interpret and engage in CSR through community support, environmental issues, labor rights, and corporate governance. Through in-depth analysis of CSR in this industry, this book adds a new dimension to the debate on the role of CSR and public relations in business. Given the burgeoning relationship between CSR and corporate PR, the book seeks to illuminate CSR’s complexities, contradictions, and moral obligations. It will be of interest to all scholars of public relations, corporate communications, and corporate reputation.

Setting Limits

Setting Limits PDF Author: Pekka Sulkunen
Publisher:
ISBN: 0198817320
Category : Medical
Languages : en
Pages : 257

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Book Description
Using a public interest framework, epidemiological evidence, and an international approach, Setting Limits discusses gambling policies that will best serve the public good and minimise harm. Essential reading for policymakers and all those working in gambling research.

Economic Development

Economic Development PDF Author: United States. Congress. Senate. Committee on Indian Affairs (1993- )
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 164

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Book Description


The Big Gamble

The Big Gamble PDF Author: Denise von Herrmann
Publisher: Bloomsbury Publishing USA
ISBN: 031301325X
Category : Political Science
Languages : en
Pages : 158

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Book Description
While the gambling industry is indisputably large and powerful, it has received little attention from political scientists. Utilizing a variety of perspectives and techniques, von Herrmann analyzes gambling's recent expansion, finding public attitudes have been shaped both by government policies and the industry's attempts to create a family-friendly image. Von Herrmann examines the politics of state and federal gambling policy, particularly policies relating to casinos and state lotteries. She considers gambling policy from a variety of perspectives, including the politics of adoption, the state and federal governments' role in policy formation and implementation, and the broad economic and social impact questions related to gambling. The inclusion of several state case studies provides insight into the largely successful reshaping of Americans' image of gambling—from seedy, sinful, and corrupt behavior to a benign, pleasurable entertainment experience—which ultimately has led to widespread availability. While many have asserted that gambling policy fits well within the political models of morality politics, von Herrmann challenges this notion. Noting that true consensus has not been achieved in the area of gambling policy, she shows how supporters' economic arguments and opponents' moral concerns have effectively bifurcated the current debates on gambling policy; gambling is now viewed by many in two distinct and separate bodies of thought. As she observes, the challenge for the future of gambling policy is to find ways to bridge the gap. Of particular interest to scholars, students, and other researchers involved with public policy, particularly that relating to gambling.