Should Provinces Expand Gambling?

State-sponsored gambling is now widespread in both Canada and the United States. The purpose of this paper is to provide a critical analysis of gambling as a revenue-raising instrument for government. We begin by outlining key principles, and then demonstrate how a realistic appraisal of the economi...

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Bibliographic Details
Main Authors: Lennart E. Henriksson, Richard G. Lipsey
Format: Article in Journal/Newspaper
Language:unknown
Subjects:
Online Access:http://links.jstor.org/sici?sici=0317-0861%28199906%2925%3A2%3C259%3ASPEG%3E2.0.CO%3B2-I
Description
Summary:State-sponsored gambling is now widespread in both Canada and the United States. The purpose of this paper is to provide a critical analysis of gambling as a revenue-raising instrument for government. We begin by outlining key principles, and then demonstrate how a realistic appraisal of the economic and employment effects of expansion can be achieved. Next, we evaluate gambling as a source of revenue and jobs. A discussion of cost issues and a brief treatment of First Nations' gambling follows. Recommendations complete the paper.