Here is a study on the affects of Casino Gaming on local economies created about two decades ago. Man how things have changed.
Abstracts:
"Casino gaming has experienced dramatic growth in the United States during the past seven years. Because this growth has occurred recently, there have been a few systematic studies of its effects. This paper uses quasi-experimental control group methods to study sixties-eight counties where casinos were opened during the period of 1989 - 1993 and three multi-casino counties.
Results show that casino is adopted by economically struggling counties and that it can be a successful development strategy. The effects trickle down to other aspects of the economy, including recipients of income maintenance payments. On the downside, local governments and local workers do not appear to reap the lion's share of the benefits, as much of the income generated by casinos is disseminated through leakages outside the host counties.
Finally some casino types and locations are marginally better than others, but these factors are not prominent determinants of casino effects at this time."
Read the entire report here.
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