%0 Journal Article
%A Alvarez Martínez, María Teresa
%A Lahr, Michael L.
%T Gaming, states, and tax revenues-the tortoise or the hare: a cge comparative assessment of casino resorts and games-only casinos
%D 2015
%U https://hdl.handle.net/10433/26124
%X Theoretically speaking, heavy tax rates on gambling should dampen growth of the casino revenues. Indeed, a cursory glance at data across U.S. states suggests that more jobs and income are generated directly by the gaming industry when lower tax rates are applied. Using a detailed computable general equilibrium model, we evaluate the effects of a proposed machine-based casino on New Jersey’s economy as well as on the state’s existing set of casino resorts in Atlantic City. We find few winners other than the state’s tax coffers
%K CGE
%K New Jersey
%K Casino resorts
%K Tax reforms
%~