Winning, losing, and breaking even : new casinos' effects on economic development impacts of existing casinos

Thesis (M.C.P.)--Massachusetts Institute of Technology, Dept. of Urban Studies and Planning, 2010.

Bibliographic Details
Main Author: Hunter, Gerald Paul
Other Authors: Paul Osterman.
Format: Thesis
Language:eng
Published: Massachusetts Institute of Technology 2010
Subjects:
Online Access:http://hdl.handle.net/1721.1/59742
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author Hunter, Gerald Paul
author2 Paul Osterman.
author_facet Paul Osterman.
Hunter, Gerald Paul
author_sort Hunter, Gerald Paul
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description Thesis (M.C.P.)--Massachusetts Institute of Technology, Dept. of Urban Studies and Planning, 2010.
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spelling mit-1721.1/597422019-04-11T11:47:30Z Winning, losing, and breaking even : new casinos' effects on economic development impacts of existing casinos New casinos' effects on economic development impacts of existing casinos Hunter, Gerald Paul Paul Osterman. Massachusetts Institute of Technology. Dept. of Urban Studies and Planning. Massachusetts Institute of Technology. Dept. of Urban Studies and Planning. Urban Studies and Planning. Thesis (M.C.P.)--Massachusetts Institute of Technology, Dept. of Urban Studies and Planning, 2010. "June 2010." Cataloged from PDF version of thesis. Includes bibliographical references (p. 58-61). The number of casinos has grown substantially since 1990 as states and localities try to find new tax revenue and jobs. After some initial successes across the United States and Canada, the strategy has become even more popular. With a business so dependent on tourists, how has the spread of casino gambling affected the returns communities get from hosting casinos? Broadly speaking when neighboring areas pursue the same economic development strategy, is any economic development actually occurring or are benefits just being transferred from one to the other? This analysis addresses that question and provides some preliminary evidence. Casinos have positively impacted economic conditions at the county level, though the benefits are strongest in the early stages of the casino's existence. Competition with other casinos has had negative effects on the tax revenue individual casinos pay to states. More importantly, casino competition has negatively affected economic development impacts of existing casinos, though in most cases the net benefits are still positive. by Gerald Paul Hunter II. M.C.P. 2010-10-29T18:28:48Z 2010-10-29T18:28:48Z 2010 Thesis http://hdl.handle.net/1721.1/59742 670429976 eng M.I.T. theses are protected by copyright. They may be viewed from this source for any purpose, but reproduction or distribution in any format is prohibited without written permission. See provided URL for inquiries about permission. http://dspace.mit.edu/handle/1721.1/7582 61 p. application/pdf Massachusetts Institute of Technology
spellingShingle Urban Studies and Planning.
Hunter, Gerald Paul
Winning, losing, and breaking even : new casinos' effects on economic development impacts of existing casinos
title Winning, losing, and breaking even : new casinos' effects on economic development impacts of existing casinos
title_full Winning, losing, and breaking even : new casinos' effects on economic development impacts of existing casinos
title_fullStr Winning, losing, and breaking even : new casinos' effects on economic development impacts of existing casinos
title_full_unstemmed Winning, losing, and breaking even : new casinos' effects on economic development impacts of existing casinos
title_short Winning, losing, and breaking even : new casinos' effects on economic development impacts of existing casinos
title_sort winning losing and breaking even new casinos effects on economic development impacts of existing casinos
topic Urban Studies and Planning.
url http://hdl.handle.net/1721.1/59742
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