Economic Impact of Casino Gambling Is Explored in Prof’s New Book
The public debate over the economic impact of casino gambling is explored in a new book, “Governing Fortune: Casino Gambling in America” authored by Edward Morse, J.D., and Ernie Goss, Ph.D., professors of law and economics at Creighton University, has just been released by the University of Michigan Press.
Related Gambling News:
- Briefs: Creighton economists publish book on casino gambling
- Officials differ on slots’ economic impact
- 3d company details impact of casino plan
- Indian casinos feel impact of economic slowdown
- State, consultants disagree on gamblings impact
- Doubts cast over casino benefits
- Casino applicants predict the effects of their plans
- Gulfport’s Only Casino Opens To Gamblers
- Study for building council finds plus side to casino
- Study: Sports still seem recession-proof in L.A.
- Another View: Casino gambling would corrupt NHs healthy image
- Gambling issues top agenda at WIBA lunch
Gambling history facts:
- A nationwide survey by the U.S. Travel Industry Association found that 38% of all U.S. residents have been to Las Vegas in their lifetime. The average length of visitors' stay in Las Vegas was almost 4 days (3.7).
- One of the oldest casinos in Europe, at Baden Baden in Germany, was opened in 1748 by Edouard Benazet, who employed Parisian craftsmen to design the stylish rooms.
- The most popular forms of illegal games are "numbers", which is essentially a lottery, and betting with bookies, typically sports betting.
- People earning $10,000 per year gamble more than twice as much money as people earning $30-40,000 per year. People earning $10,000 per year gamble four times as much money as those making $80,000 or more per year.
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