Cover of: The Economics of Casino Gambling | Douglas M. Walker

The Economics of Casino Gambling

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Springer
Economics, General, Business & Economics, Business / Economics / Finance, Business/Economics, Administration, Economics - General, Business & Economics / Economics / General, Casino Gambling, Economic Growth, Economics of Gambling, Social Costs of Gambling, Tourism Economics, Gambling - General, Casinos, Economic aspects, Gambling, United S
The Physical Object
FormatHardcover
ID Numbers
Open LibraryOL9056607M
ISBN 103540351027
ISBN 139783540351023

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 by: 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. Books with Buzz Discover the latest buzz-worthy books, from mysteries and romance to humor and nonfiction.

Cited by:   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. The Economics of Casino Gambling William R. Eadington C asino gaming has been a growth industry in the United States over the past three decades.

The number of states permitting some form of casino gaming climbed from only one as recently as to approximately 27 by the end of the s, and casinos could be found in destination resorts, in.

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. 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. The Economics of Casino Gambling by William R. Eadington.

Published in vol issue 3, pages of Journal of Economic Perspectives, SummerAbstract: America's casino industry expanded rapidly in the s, spreading from Nevada and Atlantic City to.

Legalized Casino Gaming in the United States book. The Economic and Social Impact 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. Economic uncertainty, consumer confidence and consumer spending also have considerable impacts on casino visitation and revenues, and consumers cut back on gambling during recessions.

If the casino industry is not recession-proof, then the presence of casinos will contribute little to alleviate a state’s fiscal stress during a recession.

Most relate to economics, but some address quality of life and moral issues. Proponents of casino gambling consider it part of the leisure and entertainment sector — like amusement parks or movie theaters.

In a casino, participants exchange their money for a good time. Those who support casino gambling generally do The Economics of Casino Gambling book see it as a moral issue. Casino gambling has spread throughout the world, and continues to spread.

Description The Economics of Casino Gambling FB2

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. *demand for gambling *economic impact of casino gambling. This timely and comprehensive book covers all the bases of the economics of gambling and is a valuable and important contribution to the ongoing and growing by: 4.

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.

My research focuses on the economic and social impacts of gambling, particularly U.S. casino gambling. I'm one of the top experts in the world on this issue, which I've been studying since I have published two books and more than 50 articles and book chapters on the socioeconomic effects of gambling.

The Economics of Casino Gambling by Douglas M. Walker and a great selection of related books, art and collectibles available now at - The Economics of Casino Gambling by Walker, Douglas M - AbeBooks.

Gambling is no longer an activity routinely condemned by government officials who wish to impose ethical standards on their communities. In some parts of the country, gambling has been embraced and promoted as a legitimate strategy of economic development. In theory, lotteries, racetracks, casinos, and electronic games can fill government coffers with funds to support worthy.

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 Range: $ - $ Gambling is an industry that has both negative and positive social and economic effects.

The success of the industry relies on the kind of regulations that the government puts in place. The above socioeconomic effects can be observed in any country that has some prevalence of gambling.

Gaming Law Review and Economics Casino revenue sensitivity to competing casinos: A spatial analysis of Missouri, with Todd Nesbit. Growth and Change Overview of the economic and social impacts of gambling in the United States.

Chapter in the Oxford Handbook of the Economics of Gambling, edited by Leighton Vaughan Williams and Donald Siegel.

There is growing interest among academics and policymakers in the economics of gambling, which has been stimulated by major regulatory and tax changes in the U.S., U.K.

Continental Europe, Asia, Australia and elsewhere. Unfortunately, there is no comprehensive source of path-breaking research on this topic. To fill this gap, we commissioned chapters from leading economists on all. There is growing interest among academics and policymakers in the economics of gambling, which has been stimulated by major regulatory and tax changes in the U.S., U.K.

Continental Europe, Asia, Australia and elsewhere.

Details The Economics of Casino Gambling EPUB

Unfortunately, there is no comprehensive source of path-breaking research on this topic. To fill this gap, we commissioned chapters from leading economists on all aspects of. Read Book The Economics Of Casino Gambling The Economics Of Casino Gambling Getting the books the economics of casino gambling now is not type of inspiring means.

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Casinos have become a major industry in the United States over the past two decades. Prior to the s, casino gambling was legal only in Nevada and Atlantic City, N.J.

Since then, nearly 30 states have legalized casino gambling. Many states have approved commercial casino gambling primarily because they see it as a tool for economic growth. 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.

See Rosen, The Economics of State-Operated Lotteries in GAMBLING IN AMERICA, supra note 1, app. 1, at[hereinafter cited as Rosen]. N.J. STAT. ANN. § (West Supp. The New Jersey Legislature has re-cently passed legislation temporarily increasing the tax on gambling casino profits from eight.

Get this from a library. The economics of gambling. [Leighton Vaughan Williams;] -- "This timely and comprehensive book covers all the bases of the economics of gambling and is a valuable and important contribution to the ongoing and growing debates. The Economics of Gambling will.

Includes: Casino gambling: origins, trends, and impacts, Casino management, changing economic geography of the casino industry in Nevada and Atlantic City, Growth of Indian gaming in the United States, Foxwoods Resort Casino, Connecticut, The new buffalo: tribal casino expansion in the Dakotas, Indian gaming in Oklahoma, Indian gaming in the southeastern United States, Gambling in.

categories: economic and social. The economic impacts of casinos analyzed in the literature include local employment and wages, government tax revenues, consumer benefits, in-dustry competition, and economic development. The social impacts of gambling generally consist of a long list of mostly negative impacts that are often attributed to.

Economics of Gambling Kahlil S. Philander, Ph.D. Douglas M. Walker, Ph.D. “If I have seen further it is by standing on ye shoulders of Giants” --Isaac Newton Introduction As any reader of this Journal knows, gambling research is a relatively young field.

The economics of gambling (or gaming), as a sub-field, has really taken off only since the.

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'The Economics of Gambling will be useful to academics and students of applied, industrial and mathematical economics.' - Book Reviews 'The Economics of Gambling is a collection of 18 articles by 29 contributors edited by the well-known writer on gambling economics, Leighton Vaughan Williams. The articles are published for the first-time here.'Author: Leighton Vaughan-Williams.

Native American gaming comprises casinos, bingo halls, and other gambling operations on Indian reservations or other tribal land in the United States. Because these areas have tribal sovereignty, states have limited ability to forbid gambling there, as codified by the Indian Gaming Regulatory Act of As ofthere were gambling operations run by tribes, with a total annual.Entertainment is interlinked with gambling as well, for instance, the many shows available in casinos in Las Vegas.

Hotel services and chauffeurs are also in higher demand because of gambling. Gambling increases aggregate demand for goods and services in the economy. InAmericans spent one in every ten dollars on commercial gaming. In order for a casino to actually have a negative economic impact, two things initially have to occur.

One is that a casino would reduce the economic activity of at .