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Do Casinos Create Economic Development?: A 15-Year National Analysis Of Local Retail Sales And Employment Growth, Jonathan Lawrence Krutz
Do Casinos Create Economic Development?: A 15-Year National Analysis Of Local Retail Sales And Employment Growth, Jonathan Lawrence Krutz
Boise State University Theses and Dissertations
Casino gambling has exploded across the United States over the past 30 years. Both the academic literature and gambling proponents agree that promises of economic development have driven casino policy decisions. While such claims are tempting to policy makers, the academic literature has been largely skeptical of both the methodologies and conclusions of the casino-sponsored research behind them. For such claims to be true, retail sales and employment must grow faster in local economies with casinos than in similar locations without them. Economic theory and academic research suggest that casinos do not attract new money to an area but instead …