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How Much on that Doggie at the Window? An Analysis of the Decline in Greyhound Racing Handle

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  • Ray, Margaret

    (Mary Washington College)

Abstract

In recent years, considerable attention has been given to the role of legalized gambling in regional economic development. Evidence of the effectiveness of legalized gambling activities in causing economic growth has led to its expansion in the United States. This paper looks at the greyhound parimutuel racing industry to determine the factors affecting the handle (total amount of money bet legally at pari-mutuel tracks) on greyhound races (live and off-track/ intertrack). Identifying these factors is necessary for the industry and public policy makers to address the decline in greyhound racing wagering throughout the 1990s and the associated reversal in economic growth.

Suggested Citation

  • Ray, Margaret, 2001. "How Much on that Doggie at the Window? An Analysis of the Decline in Greyhound Racing Handle," The Review of Regional Studies, Southern Regional Science Association, vol. 31(2), pages 165-176, Fall.
    • Handle: RePEc:rre:publsh:v:31:y:2001:i:2:p:165-176
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    References listed on IDEAS

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    1. Robert S. Guthrie, 1981. "Taxing Horse Race Gambling: the Revenue Potential," Public Finance Review, , vol. 9(1), pages 79-90, January.
    2. Mukhtar Ali & Richard Thalheimer, 1997. "Transportation costs and product demand: wagering on parimutuel horse racing," Applied Economics, Taylor & Francis Journals, vol. 29(4), pages 529-542.
    3. Walker, Douglas M. & Jackson, John D., 1998. "New Goods and Economic Growth: Evidence from Legalized Gambling," The Review of Regional Studies, Southern Regional Science Association, vol. 28(2), pages 47-70, Fall.
    4. Margaret A. Ray, 1991. "Regional Economic Development And Pari-Mutuel Racing: The Odds," The Review of Regional Studies, Southern Regional Science Association, vol. 21(1), pages 39-51, Spring.
    5. Douglas M. Walker & John D. Jackson, 2011. "The Effect Of Legalized Gambling On State Government Revenue," Contemporary Economic Policy, Western Economic Association International, vol. 29(1), pages 101-114, January.
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    Cited by:

    1. Douglas M. Walker, 2013. "Casinonomics," Management for Professionals, Springer, edition 127, number 978-1-4614-7123-3, March.
    2. Douglas M. Walker & John D. Jackson, 2007. "Do Casinos Cause Economic Growth?," American Journal of Economics and Sociology, Wiley Blackwell, vol. 66(3), pages 593-607, July.
    3. Douglas M. Walker & John D. Jackson, 2008. "Do U.S. Gambling Industries Cannibalize Each Other?," Public Finance Review, , vol. 36(3), pages 308-333, May.

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