IDEAS home Printed from https://ideas.repec.org/p/ags/nddaer/23459.html
   My bibliography  Save this paper

Casinos In The Upper Midwest: A Discussion Of The Impacts

Author

Listed:
  • Bangsund, Dean A.
  • Leistritz, F. Larry

Abstract

The recent expansion and proliferation of legalized casino gaming has spurred debate at all levels of government. As a result, a number of studies have attempted to quantify many of the economic, social, and fiscal impacts of legalized casino gaming. This study reviewed existing literature on the effects of casino gaming in the Upper Midwest and discussed some of the issues associated with casino activities. The impacts of casino gaming have generally been evaluated at either the local and/or state or regional level. Positive economic impacts have been quantified more often than negative economic impacts. Few studies have attempted to quantify the social costs of casino gaming. The economic impacts of casino activities on local economies have generally been positive, with some debate over the magnitude or importance of those impacts. Other impacts at the local level have been mixed. The economic impacts on state economies are generally measured using gross economic indicators, such as primary and secondary employment and overall economic activity. Many issues remain regarding the real or true economic impacts to state economies, as many studies have not adequately addressed the issue of whether or not gaming revenues represent new wealth to the state. The debate over the impacts of casino gaming is likely to continue. The gambling industry has grown dramatically in many regions of the United States, and so have concerns over the long-term implications of expanded gambling activities.

Suggested Citation

  • Bangsund, Dean A. & Leistritz, F. Larry, 1997. "Casinos In The Upper Midwest: A Discussion Of The Impacts," Agricultural Economics Reports 23459, North Dakota State University, Department of Agribusiness and Applied Economics.
    • Handle: RePEc:ags:nddaer:23459
    DOI: 10.22004/ag.econ.23459
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/23459/files/aer378.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.22004/ag.econ.23459?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Terance J. Rephann & Margaret Dalton & Anthony Stair & Andrew Isserman, 1997. "Casino Gambling as an Economic Development Strategy," Tourism Economics, , vol. 3(2), pages 161-183, June.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Karl Geisler & Mark Nichols, 2016. "Riverboat casino gambling impacts on employment and income in host and surrounding counties," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 56(1), pages 101-123, January.
    2. Wu, Shou-Tsung & Chen, Yeong-Shyang, 2015. "The social, economic, and environmental impacts of casino gambling on the residents of Macau and Singapore," Tourism Management, Elsevier, vol. 48(C), pages 285-298.
    3. Amy K. Glasmeier & Tracey Farrigan, 2007. "The Economic Impacts of the Prison Development Boom on Persistently Poor Rural Places," International Regional Science Review, , vol. 30(3), pages 274-299, July.
    4. Terance J Rephann, 2000. "The Economic Impacts of LULUs," Environment and Planning C, , vol. 18(4), pages 393-407, August.
    5. Chimezie Ozurumba & Younhee Kim, 2017. "New development: Evaluating state revenue portfolio stability—a case of commercial casino taxes," Public Money & Management, Taylor & Francis Journals, vol. 37(7), pages 521-526, November.
    6. Humphreys, Brad R. & Marchand, Joseph, 2013. "New casinos and local labor markets: Evidence from Canada," Labour Economics, Elsevier, vol. 24(C), pages 151-160.
    7. Mark Nichols & David Giacopassi & B. Grant Stitt, 2002. "Casino Gambling as a Catalyst of Economic Development: Perceptions of Residents in New Casino Jurisdictions," Tourism Economics, , vol. 8(1), pages 59-75, March.
    8. Reed, W. Robert & Rogers, Cynthia L., 2003. "A study of quasi-experimental control group methods for estimating policy impacts," Regional Science and Urban Economics, Elsevier, vol. 33(1), pages 3-25, January.
    9. Timothy Jeonglyeol Lee, 2011. "Research Note: The Economic Impact of Opening a Gaming Venue in Australia," Tourism Economics, , vol. 17(2), pages 457-464, April.
    10. Metaxas, Theodore & Folinas, Sotiris, 2016. "Gambling Tourism and Economic Development: Some lessons from Macao," MPRA Paper 72397, University Library of Munich, Germany.
    11. Boto-García, David & Pérez, Leví, 2023. "Tourism seasonality and gambling: The role of a new casino's opening," Annals of Tourism Research, Elsevier, vol. 99(C).
    12. Gazel, Ricardo & Rickman, Dan S. & Thompson, William N., 2000. "The Sources of Revenues for Wisconsin Native American Casinos: Implications for Casino Gaming as a Regional EconomicDevelopment Tool," The Review of Regional Studies, Southern Regional Science Association, vol. 30(3), pages 259-274, Winter.
    13. Edward Feser, 2013. "Isserman’s Impact," International Regional Science Review, , vol. 36(1), pages 44-68, January.

    More about this item

    Keywords

    Community/Rural/Urban Development;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:nddaer:23459. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: AgEcon Search (email available below). General contact details of provider: https://edirc.repec.org/data/dandsus.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.