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Casino Gambling And Economic Development
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Book Synopsis The Economics of Casino Gambling by : Douglas M. Walker
Download or read book The Economics of Casino Gambling written by Douglas M. Walker and published by Springer Science & Business Media. This book was released on 2007-06-30 with total page 210 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Regional Science Perspectives on Tourism and Hospitality by : Mauro Ferrante
Download or read book Regional Science Perspectives on Tourism and Hospitality written by Mauro Ferrante and published by Springer Nature. This book was released on 2020-12-16 with total page 510 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Gambling in America by : Earl L. Grinols
Download or read book Gambling in America written by Earl L. Grinols and published by Cambridge University Press. This book was released on 2004-01-12 with total page 248 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book Casinonomics written by Douglas M. Walker and published by Springer Science & Business Media. This book was released on 2013-05-15 with total page 329 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Do Casinos Create Economic Development? by : Jonathan Krutz
Download or read book Do Casinos Create Economic Development? written by Jonathan Krutz and published by . This book was released on 2022 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: "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.
Book Synopsis Just One More Hand by : Ellen Mutari
Download or read book Just One More Hand written by Ellen Mutari and published by Rowman & Littlefield. This book was released on 2015-02-02 with total page 281 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Legalized Casino Gaming in the United States by : Cathy Hc Hsu
Download or read book Legalized Casino Gaming in the United States written by Cathy Hc Hsu and published by Routledge. This book was released on 2014-01-21 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Deindustrialization and Casinos by : Alissa Mazar
Download or read book Deindustrialization and Casinos written by Alissa Mazar and published by Routledge. This book was released on 2020-10-15 with total page 196 pages. Available in PDF, EPUB and Kindle. Book excerpt: As governments increasingly legalize and expand the availability of casinos, hoping to offset the impacts of manufacturing decline through the advancement of gambling commerce, this book examines what casinos do—and do not do—for host communities in terms of economic growth. Examining the case generally made by those seeking to establish casino developments—that they offer benefits for the "public good"—the author draws on a case study of Canada’s automotive capital (Windsor, Ontario), which was a pilot site for potential further casino development in the region. The author asks whether casinos do, in fact, offer good jobs, revenue generation, and economic diversification. A study of the benefits of casino developments that considers the question of whether they constitute a ready answer to the problems of industrial and economic decline, this volume will appeal to scholars of sociology and urban studies, with interests in the gambling industry, economic sociology, the sociology of work, and urban regeneration.
Download or read book Casino Development written by and published by . This book was released on 1995 with total page 172 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Gambling, Economic Development, and Historic Preservation by : Christopher Chadbourne
Download or read book Gambling, Economic Development, and Historic Preservation written by Christopher Chadbourne and published by . This book was released on 1997 with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book Sin and Growth written by Douglas Walker and published by . This book was released on 2014-12-03 with total page 102 pages. Available in PDF, EPUB and Kindle. Book excerpt: SIN AND GROWTH is one of the first empirical analyses of the economic growth impacts of the U.S. casino industry outside of Nevada and Atlantic City. The book includes a detailed literature review of the early "economics of gambling" literature, through the mid-1990s. The empirical analysis uses data from around 1990 through 1996. Thus, it provides a detailed analysis of the early economic impacts of the spread of casinos across the United States.
Book Synopsis Casino Gambling in America by : K. J. Meyer-Arendt
Download or read book Casino Gambling in America written by K. J. Meyer-Arendt and published by Cognizant Communication Corporation. This book was released on 1998 with total page 296 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Casino Gaming in the Delta by : Sharon D. Wright
Download or read book Casino Gaming in the Delta written by Sharon D. Wright and published by . This book was released on 2000 with total page 70 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Implications of Casino Gambling as an Economic Development Strategy by : Florida. Department of Commerce
Download or read book Implications of Casino Gambling as an Economic Development Strategy written by Florida. Department of Commerce and published by . This book was released on 1994 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Casino Industry in Asia Pacific by : Kaye Sung Chon
Download or read book Casino Industry in Asia Pacific written by Kaye Sung Chon and published by Routledge. This book was released on 2012-11-12 with total page 258 pages. Available in PDF, EPUB and Kindle. Book excerpt: This single volume gives you comprehensive information on Asia-Pacific gaming! Casino Industry in Asia Pacific: Development, Operation, and Impact is a one-of-a-kind comprehensive review of the gaming industry in various countries in the Asia-Pacific region. This valuable resource thoroughly details the history, the operational issues, and the impact of casino gaming in Australia, Korea, Macao, and Southeast Asia—and the Pachinko phenomenon in Japan. International authorities discuss crucial issues that involve policy makers and casino developers, allowing industry players a global perspective as they consider various important viewpoints in their long-range planning. Casino Industry in Asia Pacific is organized into three sections: Development, Operation, and Impact. Chapters in the Development section provide a thorough history of gaming for Australia, Japan, Korea, Macao, and Southeast Asia. Laws and regulations are also reviewed for each location. In the Operation section, each chapter analyzes an important casino operational issue, including regulations, licensing and due diligence, internal control and auditing, and rolling commissions. The last section reviews the economic and social impacts for various regions. Chinese culture and gaming are also examined in detail to illustrate the intertwined relationship between gaming and people’s daily life. Extensive bibliographies, helpful tables, and fascinating photographs are also included. Casino Industry in Asia Pacific discusses: casino history and gaming legislation in Australia, Korea, and Macao Japan’s form of gambling—Pachinko gaming in Southeast Asia suggestions for Asian gaming jurisdictions casino licensing investigations accounting, internal controls, and casino auditing the use of non-negotiable chips the societal and economic impacts of gaming in Australia the impacts of casinos in Korea gaming and Chinese culture Casino Industry in Asia Pacific: Development, Operation, and Impact is an essential resource for graduate students, advanced undergraduate students, educators, researchers, gaming policymakers and lobbyists, concerned civic organization leaders and members, casino developers and executives, hotel professionals, travel and tourism professionals, and anyone interested in the gaming industry.
Book Synopsis Pathological Gambling by : National Research Council
Download or read book Pathological Gambling written by National Research Council and published by National Academies Press. This book was released on 1999-09-03 with total page 353 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis The Atlantic City Gamble by : George Sternlieb
Download or read book The Atlantic City Gamble written by George Sternlieb and published by Harvard University Press. This book was released on 1983 with total page 232 pages. Available in PDF, EPUB and Kindle. Book excerpt: In November 1976, the state of New Jersey embarked upon a bold experiment when the voters approved a referendum to authorize casino gambling in Atlantic City. Expectations were high: the gaming industry could rejuvenate a dying city core, employment would swell, the tax base would broaden and welfare rolls diminish, tourism might spread through the state, and the cruel spectacle of a poverty-stricken community would be eliminated. The Atlantic City Gamble reports the results of this experiment and evaluates casinos as a tool for economic revitalization, a painless source of revenue. The casinos are enormously profitable--but for whom? The city has paid a huge toll in human and economic hardship. There are 30,000 new jobs, but little spillover into non-casino employment. Crime rates have skyrocketed. Housing has been priced beyond the reach of minority groups and the elderly. In 1982, the casinos paid more than $117 million in state taxes, but much of the projected bonanza to Atlantic City has been swallowed by the industry's need for expanded municipal services, such as police protection. Fears of the old connection between gambling and organized crime may be exaggerated, but few can deny that the gaming industry--with its immense daily cash flow--harbors a vast potential for corruption. The state promoted visions of a glorious rebirth, but it failed to provide a governing mechanism that could produce the promised rewards. Would better planning and research enable any government to cope with such instant large-scale business and the political clout it carries? Economic strangulation has motivated at least eight other states to think about letting in casinos. The decisions they make will have far-reaching social and economic consequences, and must be based on a set of facts as accurate and comprehensive as possible. In searching out the lessons of Atlantic City, the authors have provided a sobering glimpse into the intricacies of legalized gambling.
