Casinos and Competition

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The recent shutdown of New Jersey casinos provided an opportunity for surrounding states to lure gamblers (and tax dollars) away from the Garden State. In Delaware, slot parlors saw an estimated increase of almost 20 percent in revenue. Nearby Pennsylvania has also legalized some forms of gambling and will also soon compete with New Jersey. As more and more states turn to casinos to generate tax dollars, states will probably find it more difficult to depend on revenue from this source. Instead of gambling on the future, lawmakers should focus on more reliable sources of funding. You can read ITEP’s policy brief on gambling by clicking here.

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This page contains a single entry by published on July 7, 2006 12:57 AM.

Tax and Budget Reform in the States was the previous entry in this blog.

Sales Tax Holidays: Boon or Boondoggle? is the next entry in this blog.

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