Supplying Slot Machines to the Poor
Abstract
As gambling becomes increasingly accessible both in the U.S. and worldwide, governments face an important policy question: how should they exploit the industry’s growth to raise tax revenues while protecting individuals from the detrimental effects of gambling? Using data on slot machines from the largest per-capita gambling market in the world, Australia, we estimate a structural oligopoly model to: (1) quantify firms’ incentives to make...
Paper Details
Title
Supplying Slot Machines to the Poor
Published Date
Jan 1, 2015
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