The Economics of Casino Gambling

  • Douglas M. Walker

Table of contents

About this book


Casino gambling has spread throughout the world, and continues to spread. As governments try to cope with fiscal pressures, legalized casinos offer a possible source of additional tax revenue. But casino gambling is often controversial, as some people have moral objections to gambling. In addition, a small percentage of the population may become pathological gamblers who may create significant social costs. On the benefits side, casinos are often purported to spur economic growth (increases in GDP), employment, and tax revenues. However, these benefits have been questioned. Does casino expansion simply "cannibalize" other industries, having no net effect? Or does casino gambling have significant positive economic impacts? The Economics of Casino Gambling is a comprehensive discussion of the social and economic costs and benefits of legalized gambling. It is the only comprehensive discussion of these issues available on the market.


Casino Gambling Economics of Gambling Social Costs of Gambling Tourism Economics economic growth growth

Authors and affiliations

  • Douglas M. Walker
    • 1
  1. 1.Department of EconomicsGeorgia CollegeMilledgevilleUSA

Bibliographic information

  • DOI
  • Copyright Information Springer-Verlag Berlin Heidelberg 2007
  • Publisher Name Springer, Berlin, Heidelberg
  • eBook Packages Business and Economics
  • Print ISBN 978-3-540-35102-3
  • Online ISBN 978-3-540-35104-7
  • Buy this book on publisher's site