Nichols, M.W. And B. Grant Stitt, David Giacopassi (1999) Casino gambling and bankruptcy in new United States casino jurisdictions. Journal of Socio-Economics: 247-261.
This journal article examines personal bankruptcy filings and compares the data obtained to determine what effect, if any, casino gambling may have had on said filings. The authors used the bankruptcy filings from the jurisdictions having legalized casino gambling and compared these filing with bankruptcy filings from jurisdictions without legalized casino gambling. According to the authors, personal bankruptcy filings increased in seven of the eight jurisdictions that had legal casino gambling and that in five of these seven there was a statistical significance. An interesting exception was noted by the article in that in one jurisdiction, Biloxi, Mississippi, which had legal casino gambling, personal bankruptcies actually decreased. In the article the authors examined the reasons behind this unusual development and argued that the unique nature of the community and the particular casino operation in Biloxi explains this variance. In another interesting turn, it was noted in the article that the majority of the filings were Chapter 13 applications as opposed to Chapter 7 applications.
Gross, Meir. (1998). Legal Gambling as a Strategy for Economic Development. Economic Development Quarterly: 203-213.
With the increase in legalized gambling throughout the country in the form of lotteries, off track betting, and casinos, the author examined the effect that the availability of such gambling options has on economic development near the gambling sites and throughout the state legalizing such operations. The author argues that gambling is a poor substitute for more sustainable economic development and that the legalization of gambling creates other problems that might counter-balance the benefits that gambling brings. The article suggests that governments should be careful in viewing gambling as a solution to a state's economic problems.
Anderson, K. (2002, July 14,). Gambling. Retrieved on November 7, 2011 from Probe Ministries: [HIDDEN]
This article written for dissemination on the internet is examined from a religious point-of-view. The...
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