TY  - JOUR
AU  - Kearney,Melissa S.
TI  - The Economic Winners and Losers of Legalized Gambling
JF  - National Bureau of Economic Research Working Paper Series
VL  - No. 11234
PY  - 2005
Y2  - March 2005
UR  - http://www.nber.org/papers/w11234
L1  - http://www.nber.org/papers/w11234.pdf
N1  - Author contact info:
Melissa Schettini Kearney
Department of Economics
University of Maryland
3105  Tydings Hall
College Park, MD 20742
Tel: 301/405-6202
E-Mail: kearney@econ.umd.edu
AB  - This paper reviews the government role in the legalized gambling sector and addresses some of the major issues relevant to any normative analysis of what the government role should be. In particular, the paper reviews evidence identifying the economic "winners" and "losers" associated with the three largest sectors of the industry: commercial casinos, state lotteries, and Native American casinos. The paper also includes a discussion of the growing internet gambling industry. In addition to reviewing existing literature and evidence, the paper raises relevant questions and policy issues that have not yet been adequately addressed in the economics literature.
ER  -