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   What are the economic and fiscal benefits of casinos?

   • The economic and fiscal benefits of casinos, both to the state and the host cities, depend on where the casino visitors come from and where the casino workforce comes from. The ideal, from an economic standpoint, is a community with a large local workforce and also a large regional and multistate visitor pool.

   Casinos and Cities: Can They Live Together?

   www.bostonfed.org/publications/communities-and-banking/2013/summer/casinos-and-cities-can-they-live-together.aspx

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   What makes a good casino community?

   • The ideal, from an economic standpoint, is a community with a large local workforce and also a large regional and multistate visitor pool. The more local the workforce, the greater the share of casino revenues that stay in the community, and the greater the multiplier effect of those revenues on the local economy.

   Casinos and Cities: Can They Live Together?

   www.bostonfed.org/publications/communities-and-banking/2013/summer/casinos-and-cities-can-they-live-together.aspx

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   Do Casinos affect local communities?

   • The debate surrounding the effects of casinos on local communities has been ongoing for years, with proponents highlighting economic benefits and job opportunities, while opponents raise concerns about social issues and potential harm.

   The Impact of Casinos on Local Communities: A Critical Perspective

   www.rvavalues.com/post/the-impact-of-casinos-on-local-communities-a-critical-perspective

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   What are the impacts of casinos?

   • What the impacts are, however, can be hard to pin down. Casinos provide fodder for both supporters and opponents. Opponents point to negative social impacts of casinos on people and communities. They mention crime and compulsive gambling. Proponents tout the number of jobs created and the fiscal benefits to state and local governments.

   Casinos and Cities: Can They Live Together?

   www.bostonfed.org/publications/communities-and-banking/2013/summer/casinos-and-cities-can-they-live-together.aspx

   See all results for this question

2. www.rvavalues.com › post › the-impact-of-casinos-onThe Impact of Casinos on Local Communities: A Critical ...

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   Oct 15, 2023 · Casinos can contribute positively to local employment and earnings in the surrounding community2. Jobs: Cotti's study further suggests that while some industries may experience small effects, the overall employment levels in neighboring counties are minimally affected by the presence of casinos2.

3. www.thepresstribune.com › local-economies-andLocal Economies and Casinos: A Deep Dive into Their Impact ...

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   Apr 19, 2024 · One of the most tangible benefits of casinos to local economies is the creation of jobs and the generation of revenue. From construction workers and hospitality staff to gaming personnel and administrative staff, casinos employ a diverse workforce that contributes to economic vitality and stability.

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     EconoTimes

     What benefits does the local economy see from casinos? - EconoTimes

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     On Politics: Taking the wrong lessons from Steve Cohen’s casino setback

     What, exactly, is a casino offering northern Queens? There are moral and logistical arguments to be made against further casino expansion — local businesses certainly don’t benefit from all ...

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     NYC lawmaker blocks Steve Cohen’s $8B casino project by Mets’ Citi Field

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     Gulfside Casino Partnership proposes building a $405 million facility in Pope County | Arkansas Democrat Gazette

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     Hobbled but breathing: How Steve Cohen’s casino team will forge ahead

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     State Sen. Jessica Ramos delivers blow to Steve Cohen’s $8B Citi Field Queens casino plan: “I don’t work for a billionaire”

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     Steve Cohen’s $8 Billion Casino Plan Dealt Blow by Key Lawmaker

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     Pasa Plus: Local events for May 31-June 2

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   • McComb Enterprise-Journal

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     “will use every tool at his disposal to prevent Biden’s border crisis from impacting our state.” Governor Tate Reeves’ office has been in contact with federal authorities regarding a proposal ...

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6. www.richmondfed.org › publications › researchHow Do Casinos Impact Regional Economies? | Richmond Fed

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   • A Quick History of Modern Commercial Gaming in The U.S.
   • Casinos and Public Finance
   • Casinos and Economic Development

   In the early 1930s, Nevada became the first state to legalize commercial casinos. It remained the only state with that distinction until New Jersey's 1976 referendum that allowed commercial casinos, limited to Atlantic City. A major wave of casino legalization by states occurred in the late 1980s. The 1987 U.S. Supreme Court ruling in California v....

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   While states have legalized casino gambling sporadically over the past 40 years, their primary motivator for casino adoption has remained consistent: tax revenues. The 2010 paper "Determinants of the Probability and Timing of Commercial Casino Legalization in the United States"finds three major drivers of commercial casino legalization in the perio...

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   The 40 years of casino activity in Atlantic City has made it the subject of much empirical work to understand the effects of gaming. The intention of casino development in Atlantic City was not just to boost tax revenue, but also to help redevelop the city. A successful resort in its early 20th century heyday, Atlantic City had fallen on hard times...

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7. pressbooks.gvsu.edu › koddy › chapterCommunity Benefits Of A Casino Community – koddy

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   In addition, casinos can provide much-needed jobs in the community and boost local economies. However, critics argue that it can also lead to compulsive gambling and other social problems. Despite the controversy surrounding the legalization of casino gambling, the industry continues to expand across the United States.

8. cals.ncsu.edu › news › economic-perspective-canEconomic Perspective: Can Casinos Revive a Local Economy?

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   May 29, 2019 · “Today’s program asks if casinos can revive a local economy. Mike, new legislation in Virginia may allow local communities to have a vote in authorizing casino gambling. Many see this as an economic development tool. Can casinos provide this?” MIKE WALDEN:

9. www.betensured.com › blog › the-social-impact-ofThe Social Impact of Casinos on Local Communities: Jobs ...

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   Jun 2, 2023 · The jobs provided by casinos can enhance local economies, improve the standard of living for individuals, and reduce dependency on government assistance programs. One of the most significant social impacts of casinos on local communities is the creation of employment opportunities.

10. www.bostonfed.org › publications › communities-andCasinos and Cities: Can They Live Together?

    www.bostonfed.org › publications › communities-and

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    May 29, 2013 · The economic and fiscal benefits of casinos, both to the state and the host cities, depend on where the casino visitors come from and where the casino workforce comes from. The ideal, from an economic standpoint, is a community with a large local workforce and also a large regional and multistate visitor pool.