Legal Gambling as a Strategy for Economic Development
Meir Gross
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Meir Gross: University of Massachusetts
Economic Development Quarterly, 1998, vol. 12, issue 3, 203-213
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.
Date: 1998
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Persistent link: https://EconPapers.repec.org/RePEc:sae:ecdequ:v:12:y:1998:i:3:p:203-213
DOI: 10.1177/089124249801200301
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