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Social and Behavioral Sciences Commons™
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Full-Text Articles in Social and Behavioral Sciences
Examining The Impact Of Competition On Casino Revenues And Prices In The Mid-Atlantic States, Andrew J. Economopoulos, Uli Luxem
Examining The Impact Of Competition On Casino Revenues And Prices In The Mid-Atlantic States, Andrew J. Economopoulos, Uli Luxem
UNLV Gaming Research & Review Journal
The expansion of casinos in the Mid-Atlantic States has been motivated by the quest of states to capture the economic and tax revenue benefits of the new industry. The expansion of casinos and the increase in competition, however, has had an impact on revenue growth and prices. This study examines the impact of expansion on the casino revenues in the region from 1997-2012, and the price for gaming in Pennsylvania and New Jersey from 2006-2012. A spatial econometric model was employed to examine the net impact of casino revenues from expansion. Spatial econometrics captures the within state impact of expansion …
The Economic And Social Effects Of Casino Development In Macau, Christopher Benton
The Economic And Social Effects Of Casino Development In Macau, Christopher Benton
UNLV Theses, Dissertations, Professional Papers, and Capstones
This paper explores the economic impacts that took place in Macau after the gaming monopoly ended in 2002, as well as the resulting social effects to the local region. The broader research on casino gaming was analyzed, and was then compared to the social and economic impacts that took place in Macau. Specifically, economic indicators such as employment and GDP were evaluated, along with social issues such as problem gambling, crime, and educational attainment. Many countries, specifically Asian countries, are now entertaining the idea of introducing casinos to their local communities in an effort to try and replicate the type …