Economists John Jackson and Douglas Walker published an article in Contemporary Economic Policy in early 2011 that showed that the increased revenue that comes from gambling often comes at the expense of sales tax revenue. The two also came to the conclusion that, in general, casinos and greyhound racing tend to decrease state revenues overall.
US study examined more than 700,000 online gamblers and only 4% made money from online betting
February 17, 2025
In a first-of-its-kind study from the University of California San Diego Rady School of Management, researchers have identified comprehensive insights