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Legal Gambling as a Strategy for Economic Development

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  • Meir Gross

    (University of Massachusetts)

Abstract

Lotteries, casinos, and other forms of gambling are being promoted by state and local governments as painless ways to raise revenues. Supporters often rely on economic studies sponsored by the industry. Critics contend that gambling is problematic and not a substitute for sustainable economic development, and the public remains ambivalent. Bills currently pending in Congress would establish a national commission to study the impact of gambling. Long-term health of communities requires the promotion of well-researched and well-reasoned policies on legal gambling and economic development.

Suggested Citation

  • Meir Gross, 1998. "Legal Gambling as a Strategy for Economic Development," Economic Development Quarterly, , vol. 12(3), pages 203-213, August.
    • Handle: RePEc:sae:ecdequ:v:12:y:1998:i:3:p:203-213
    DOI: 10.1177/089124249801200301
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    References listed on IDEAS

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    1. Charles T. Clotfelter & Philip J. Cook, 1989. "Selling Hope: State Lotteries in America," NBER Books, National Bureau of Economic Research, Inc, number clot89-1.
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    Cited by:

    1. Earl L. Grinols & David B. Mustard, 2008. "Connecting Casinos and Crime: More Corrections of Walker," Econ Journal Watch, Econ Journal Watch, vol. 5(2), pages 156-162, May.
    2. Eduard Baumöhl & Eva Výrostová, 2017. "Do people gamble more in good times? Evidence from 27 European countries," Applied Economics Letters, Taylor & Francis Journals, vol. 24(18), pages 1311-1314, October.
    3. Douglas M. Walker, 1998. "Comment on "Legal Gambling as a Strategy for Economic Development"," Economic Development Quarterly, , vol. 12(3), pages 214-216, August.
    4. Gazel, Ricardo & Rickman, Dan S. & Thompson, William N., 2000. "The Sources of Revenues for Wisconsin Native American Casinos: Implications for Casino Gaming as a Regional EconomicDevelopment Tool," The Review of Regional Studies, Southern Regional Science Association, vol. 30(3), pages 259-274, Winter.
    5. Haucap, Justus, 2021. "Glücksspielregulierung aus ordnungsökonomischer Perspektive," DICE Ordnungspolitische Perspektiven 110, Heinrich Heine University Düsseldorf, Düsseldorf Institute for Competition Economics (DICE).
    6. Lee, Choong-Ki & Kang, Soo K. & Long, Patrick & Reisinger, Yvette, 2010. "Residents' perceptions of casino impacts: A comparative study," Tourism Management, Elsevier, vol. 31(2), pages 189-201.

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