Main description:

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. The Economics of Casino Gambling is a comprehensive discussion of the social and economic costs and benefits of legalized gambling. It is the first comprehensive discussion of these issues available on the market.

Contents:

Casino gambling and economic growth.- Misconceptions about casinos and growth.- Evidence on the growth effects of gambling.- Relationships among U.S. gambling industries.- The social costs of gambling.- Miscellaneous social cost issues.- Problems in gambling research.- Conclusion.