RT Journal Article T1 Gaming, states, and tax revenues-the tortoise or the hare: a cge comparative assessment of casino resorts and games-only casinos A1 Alvarez Martínez, María Teresa A1 Lahr, Michael L. K1 CGE K1 New Jersey K1 Casino resorts K1 Tax reforms AB 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 PB Wiley YR 2015 FD 2015-11-16 LK https://hdl.handle.net/10433/26124 UL https://hdl.handle.net/10433/26124 LA en NO Growth and Change, 47:2 pp. 236-258 NO Rutgers, the State University of New Jersey and DG-Joint Research Centre, European Commission DS RIO RD May 8, 2026