This setting lets you change the way you view articles. You can choose to have articles open in a dialog window, a new tab, or directly in the same window.
Open in Dialog
Open in New Tab
Open in same window
Open in New Tab
Open in same window
Journal of Economic Perspectives: Vol. 13 No. 3 (Summer 1999)
JEP Volume. 13, Issue 3 | 
Previous ArticleNext Article
Sign up for Email Alerts Follow us on Twitter
Full-text Article (Complimentary)
View Comments on This Article (0) | Login to post a comment
Previous ArticleNext Article
Expand
Quick Tools:
Print Article Summary Email Link to this Article Export CitationSign up for Email Alerts Follow us on Twitter
Explore:
The Economics of Casino Gambling
Article Citation
Eadington, William R. 1999. "The Economics of Casino Gambling."
Journal of Economic Perspectives,
13(3): 173-192.
DOI: 10.1257/jep.13.3.173
DOI: 10.1257/jep.13.3.173
Abstract
America's casino industry expanded rapidly in the 1990s, spreading from Nevada and Atlantic City to mining towns, riverboats, race tracks and tribal lands, and moving from isolated resort settings to urban and suburban venues. This article examines economic characteristics of the casino industry, including the evolution of major casino markets, pricing of gaming products, market structures, regulatory constraints, and social and economic impacts attributable to casinos. When competitive, casinos show strong economies of scale and scope, but many new jurisdictions limit the number or size of operations, thus creating substantial economic rents. Allocation of these rents are fundamentally politically determined.
Article Full-Text Access
Full-text Article (Complimentary)
Authors
Eadington, William R. (U NV and U Salford)
JEL Classifications
L83: Sports; Gambling; Recreation; Tourism
Comments
View Comments on This Article (0) | Login to post a comment
