Betting the Future:
The Economic Impact of Legalized Gambling
For over a decade, advocates and opponents of casinos in the Commonwealth have argued about whether legalized gambling would produce prosperity or ruin. Our analysis — which compares the experience of counties in the United States that house casinos with those that do not — suggests that both sides are wrong.
Instead, the introduction of a casino appears to produce a few modestly positive effects, a few modestly negative impacts, and, in several areas, no statistically significant effects at all.