Abstract
Using newly-constructed estimates of state revenue or its equivalent from casino-type and lottery gambling and panel data
set regression techniques, a small but statistically significant bankruptcy effect is found. Assuming a linear relationship
between gambling and the rate of personal bankruptcies, casino-type gambling increases bankruptcies by about 2%. Lottery gambling,
while less potent per dollar of revenue generated, has about the same total effect.
set regression techniques, a small but statistically significant bankruptcy effect is found. Assuming a linear relationship
between gambling and the rate of personal bankruptcies, casino-type gambling increases bankruptcies by about 2%. Lottery gambling,
while less potent per dollar of revenue generated, has about the same total effect.
- Content Type Journal Article
- Pages 1-10
- DOI 10.1007/s10899-010-9187-z
- Authors
- Bogdan Daraban, Byrd School of Business, Shenandoah University, 1640 University Dr., Winchester, VA 22601, USA
- Clifford F. Thies, Byrd School of Business, Shenandoah University, 1640 University Dr., Winchester, VA 22601, USA
- Journal Journal of Gambling Studies
- Online ISSN 1573-3602
- Print ISSN 1050-5350