The MIT Libraries is completing a major upgrade to DSpace@MIT. Starting May 5 2026, DSpace will remain functional, viewable, searchable, and downloadable, however, you will not be able to edit existing collections or add new material. We are aiming to have full functionality restored by May 18, 2026 but intermittent service interruptions may occur. Please email dspace-lib@mit.edu with any questions. Thank you for your patience as we implement this important upgrade.

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

Author(s)
Hunter, Gerald Paul
Thumbnail
DownloadFull printable version (5.747Mb)
Alternative title
New casinos' effects on economic development impacts of existing casinos
Other Contributors
Massachusetts Institute of Technology. Dept. of Urban Studies and Planning.
Advisor
Paul Osterman.
Terms of use
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
Metadata
Show full item record
Abstract
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.
Description
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).
 
Date issued
2010
URI
http://hdl.handle.net/1721.1/59742
Department
Massachusetts Institute of Technology. Department of Urban Studies and Planning
Publisher
Massachusetts Institute of Technology
Keywords
Urban Studies and Planning.
Collections