Report Suggests Fiscal Needs Do Not Justify State Licensed Gambling Report Suggests Fiscal Needs Do Not Justify State Licensed Gambling
Key Takeaways
  • A report from the Rockefeller Institute of Government questions whether state licensed gambling in the US is a viable means of resolving fiscal problems.
  • Using a wealth of statistical information and other research reports as sources, the report concludes that early tax revenues from licensed gambling generally decline over time.
  • The report suggests that the growth in the number of states which have licensed gambling since the Great Recession began in 2008, has created a situation where ever-more supply is competing for a fixed amount of consumer spending.

A report from the Rockefeller Institute of Government questions whether state licensed gambling in the US is a viable means of resolving fiscal problems.