Date of this Version
Business in Nebraska vol. 51 no. 611
Is rapid casino expansion in the U.S. a modern field-of-dreams decision or a tool for economic development?
Several serious economic questions have recently been raised as a result of the spread of casino gambling.
- What are the social costs?
- What are the social benefits?
- Which is bigger?
This article presents some recent research results on the social costs and benefits of gambling in the U.S. Social costs/benefits include direct costs/benefits plus any external or spillover costs/benefits on society.