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The Economics of Casino Gambling

By: Walker, Douglas M [author.].
Contributor(s): SpringerLink (Online service).
Material type: materialTypeLabelBookPublisher: Berlin, Heidelberg : Springer Berlin Heidelberg, 2007.Description: XII, 207 p. 23 illus. online resource.Content type: text Media type: computer Carrier type: online resourceISBN: 9783540351047.Subject(s): Public health | Economics | Management science | Public finance | Economic policy | Economic growth | Economics | Economics, general | Economic Growth | Economic Policy | Public Health | Public EconomicsDDC classification: 330 Online resources: Click here to access online
Contents:
Casino gambling and economic growth -- Misconceptions about casinos and growth -- Evidence on the growth effects of gambling -- Relationships among U.S. gambling industries -- The social costs of gambling -- Miscellaneous social cost issues -- Problems in gambling research -- Conclusion.
In: Springer eBooksSummary: 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. On the benefits side, casinos are often purported to spur economic growth (increases in GDP), employment, and tax revenues. However, these benefits have been questioned. Does casino expansion simply "cannibalize" other industries, having no net effect? Or does casino gambling have significant positive economic impacts? The Economics of Casino Gambling is a comprehensive discussion of the social and economic costs and benefits of legalized gambling. It is the only comprehensive discussion of these issues available on the market.
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Item type Current location Call number Status Date due Barcode Item holds
E books E books PK Kelkar Library, IIT Kanpur
Available EBK7034
Total holds: 0

Casino gambling and economic growth -- Misconceptions about casinos and growth -- Evidence on the growth effects of gambling -- Relationships among U.S. gambling industries -- The social costs of gambling -- Miscellaneous social cost issues -- Problems in gambling research -- Conclusion.

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. On the benefits side, casinos are often purported to spur economic growth (increases in GDP), employment, and tax revenues. However, these benefits have been questioned. Does casino expansion simply "cannibalize" other industries, having no net effect? Or does casino gambling have significant positive economic impacts? The Economics of Casino Gambling is a comprehensive discussion of the social and economic costs and benefits of legalized gambling. It is the only comprehensive discussion of these issues available on the market.

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