Current Addiction Reports

, Volume 3, Issue 3, pp 293–298

Social and Economic Impacts of Gambling

Gambling (J Derevensky, Section Editor)

DOI: 10.1007/s40429-016-0109-8

Cite this article as:
Walker, D.M. & Sobel, R.S. Curr Addict Rep (2016) 3: 293. doi:10.1007/s40429-016-0109-8
Part of the following topical collections:
  1. Topical Collection on Gambling

Abstract

Purpose of Review

This paper is a review of the recent academic literature on the socioeconomic impacts of gambling. The purpose is to provide a review of the most recent contributions to the growing literature regarding the economic and social impacts of gambling, with a focus on casinos. We divide our review into two sections: economic impacts and social impacts.

Recent Findings

Better data availability across a wider set of jurisdictions has resulted in improved research quality in recent contributions to this literature.

Summary

The most recent literature in this area suggests that casinos often have at least a modestly positive economic impact on their host economies. It is more difficult to measure the social impacts, and the net social impacts of casinos remain unclear. The variety of conclusions from recent research suggests that the industry’s impacts vary with characteristics of the hosting state, country, or regional economy.

Keywords

Social costs Economic impacts Casino gambling Employment Taxes Consumer benefits Crime Drunk driving Bankruptcy 

Copyright information

© Springer International Publishing AG 2016

Authors and Affiliations

  1. 1.Department of Economics, School of Business, College of CharlestonCharlestonUSA
  2. 2.School of Business, The CitadelCharlestonUSA