Research Note: The Economic Impact of Opening a Gaming Venue in Australia

Timothy Jeonglyeol Lee

Tourism Economics, 2011, vol. 17, issue 2, 457-464

Abstract: Research shows that opening a large gaming venue has economic impacts. This paper evaluates these impacts from the perspectives of the government, industry and the community. Though the effects are interrelated, the direct impact for each of these stakeholders is unique. For the government, direct taxation, tourism and investment are discussed, with a focus on the immediate effect on infrastructure. For industry, revenue generation, the multiplier effect, leakage, cannibalization and the trend of strategic cross-industry alliance are examined. For the community, average household disposable income, employment rate, direct competition, land speculation and the impact on standard of living are analysed.

Keywords: economic impact; gaming industry; community; Australia (search for similar items in EconPapers)
Date: 2011
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
https://journals.sagepub.com/doi/10.5367/te.2011.0043 (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:sae:toueco:v:17:y:2011:i:2:p:457-464

DOI: 10.5367/te.2011.0043

Access Statistics for this article

More articles in Tourism Economics
Bibliographic data for series maintained by SAGE Publications ().