Testimony Before the U.S. House of Representatives Committee on Small Business, 103rd Congress, 2nd Session, Sep. 21, 1994
Kindt, John Warren
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https://hdl.handle.net/2142/15477
Description
Title
Testimony Before the U.S. House of Representatives Committee on Small Business, 103rd Congress, 2nd Session, Sep. 21, 1994
Author(s)
Kindt, John Warren
Issue Date
1994-09-21
Keyword(s)
Casinos
Gambling
Abstract
From a business-economic perspective, the main issue involved in
legalizing various forms of gambling is whether gambling activities
constitute a valid strategy for economic development. While the dollars
invested in various legalized gambling projects and the initial jobs
created are evident, the industry has been criticized for inflating the
positive economic impacts and trivializing or ignoring the negative
impacts. The industry's tendency to focus on specialized factors
provides a distorted view of the localized economic positives, while
ignoring the strategic business-economic costs to different regions of
the United States.
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