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The impact of stagnating casino revenues on state and local governments tax receipts Arun K. Srinivasan and Thomas E. Lambert

By: Srinivasan, Arun K .

Contributor(s): Lambert, Thomas E .

Material type: Article

ArticlePublisher: 2017Subject(s): CASINOS DE JUEGO

| IMPUESTOS

| RECAUDACION

| RECESIONES ECONOMICAS

| MODELOS ECONOMETRICOS

In: Public Budgeting &amp Finance ; v. 37, n. 1, Spring 2017, p. 26-46Summary: After the Great Recession, the popular press has noted a rebound in casino revenues in some states and localities, and some expect growth like before. However, there were trends indicating stagnating revenues before the recession, and casinos were shown not to be .recession-proof. as revenues declined.Revenues have stagnated partially due to a saturation point being reached withregard to casino gaming. The growth rate of revenues and tax proceeds may followa product life cycle curve. Introducing more venues may give a temporary boost to tax receipts, but trends indicate that large gains are over unless casinos reinvent themselves.

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After the Great Recession, the popular press has noted a rebound in casino revenues in some states and localities, and some expect growth like before. However, there were trends indicating stagnating revenues before the recession, and casinos were shown not to be .recession-proof. as revenues declined.Revenues have stagnated partially due to a saturation point being reached withregard to casino gaming. The growth rate of revenues and tax proceeds may followa product life cycle curve. Introducing more venues may give a temporary boost to tax receipts, but trends indicate that large gains are over unless casinos reinvent themselves.

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Biblioteca del Instituto de Estudios Fiscales

The impact of stagnating casino revenues on state and local governments tax receipts Arun K. Srinivasan and Thomas E. Lambert

By: Srinivasan, Arun K.

Contributor(s): Lambert, Thomas E.

Browsing IEF Shelves Close shelf browser

By: Srinivasan, Arun K .

Contributor(s): Lambert, Thomas E .