Deadwood, South Dakota—Gambling, Historic Preservation, and Economic Revitalization

William V. Ackerman

Rural America/ Rural Development Perspectives, 1996, vol. 11, issue 2

Abstract: Gambling in Deadwood is responsible for increasing recreational visits and spending, generating nearly 1,800 new jobs in the town and surrounding communities, and boosting tax revenues. Increased tax and business revenues paid for infrastructure improvements and historic preservation that has brought back much of the 1890’s Victorian look of the town. Gaming caused the loss of some retail activity and generated parking shortages and traffic congestion, but, overall, it has helped to preserve an important historical landmark and to revitalize the local economy.

Keywords: Financial Economics; Public Economics (search for similar items in EconPapers)
Date: 1996
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Persistent link: https://EconPapers.repec.org/RePEc:ags:uersra:289707

DOI: 10.22004/ag.econ.289707

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