Alvarez Martínez, María TeresaLahr, Michael L.2026-02-172026-02-172015-11-16Growth and Change, 47:2 pp. 236-25810.1111/grow.12134https://hdl.handle.net/10433/26124Theoretically 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 coffersapplication/pdfenAttribution-NonCommercial-NoDerivatives 4.0 Internationalhttps://creativecommons.org/licenses/by-nc-nd/4.0/CGENew JerseyCasino resortsTax reformsGaming, states, and tax revenues-the tortoise or the hare: a cge comparative assessment of casino resorts and games-only casinosjournal articleopen access