May 2nd, 2024
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The Economics Of Casino Gambling
Douglas M. Walker

Springer, Berlin
February 2007
On Sale: February 12, 2007
207 pages
ISBN: 3540351027
EAN: 9783540351023
Hardcover
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Non-Fiction

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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