The Impact of Video Gaming Terminals on Casinos and State and Local Tax Revenue

被引：2

作者：

Phipps, Erin Hazel ^{[1
,2
]}

Nichols, Mark W. ^{[2
]}

Guerrero, Federico ^{[2
]}

机构：

[1] Idaho Supreme Court, Boise, ID USA

[2] Univ Nevada, Dept Econ, 1664 N Virginia St, Reno, NV 89557 USA

来源：

PUBLIC FINANCE REVIEW | 2020年 / 48卷 / 05期

关键词：

casino gambling; video gambling; state and local tax revenue;

D O I：

10.1177/1091142120945684

中图分类号：

F8 [财政、金融];

学科分类号：

0202 ;

摘要：

In 2012, Illinois passed legislation allowing video gaming terminals (VGTs) outside of casinos. This legislation was passed to increase tax revenues from gambling in a market that had seen decreases in revenues and admissions over the past 8 years. VGTs may substitute for casino gambling and have a negative impact on casino and tax revenue. Using ordinary least squares and vector autoregressive models, we find that casino slot revenues decrease by about 0.05 percent for each 1 percent increase in VGT revenues. Admissions decrease by about eleven people per VGT. A Granger causality test suggests causation is running from VGTs to admissions. Thus, there is substitution between VGTs and casino gambling but not so large as to reduce tax revenue. Overall tax revenue from gambling, both casino and VGT, has increased for Illinois. However, local communities where casinos are located have experienced declines in casino tax revenue that have exceeded the gains from VGT revenue.

引用

页码：650 / 675

页数：26

共 50 条

[1] Is the revenue from floating casinos worth the gamble: An overview of riverboat gaming
Navin, JC
1995 PROCEEDINGS OF THE EIGHTY-EIGHTH ANNUAL CONFERENCE ON TAXATION, 1996, : 282 - 287
[2] The impact of casino gaming on sales tax revenues in states legalizing casinos in the 1990s
Landers, Jim
98TH ANNUAL CONFERENCE ON TAXATION, PROCEEDINGS, 2006, : 187 - 195
[3] Rolling the dice? Casinos, tax revenues, and the social costs of gaming
Koo, Jun
Rosentraub, Mark S.
Horn, Abigail
JOURNAL OF URBAN AFFAIRS, 2007, 29 (04) : 367 - 381
[4] Digitalization and its impact on local business tax revenue
Neugebauer, Claudia
BETRIEBSWIRTSCHAFTLICHE FORSCHUNG UND PRAXIS, 2021, 73 (06):
[5] The indirect impact of casual dining on low-end gaming in destination and local casinos
Tanford, Sarah
Lucas, Anthony F.
INTERNATIONAL JOURNAL OF HOSPITALITY MANAGEMENT, 2011, 30 (03) : 486 - 494
[6] STATE REVENUE SYSTEMS - IMPACT OF TAX ON SERVICES IN IOWA
不详
IOWA LAW REVIEW, 1968, 54 (01) : 64 - 88
[7] The Impact of the Amazon Tax on Local Sales Tax Revenue in Urban and Rural Jurisdictions
Afonso, Whitney B.
PUBLIC BUDGETING AND FINANCE, 2019, 39 (02): : 68 - 90
[8] The Impact of Tax Revenue from Capital Gains Realizations on State Income Tax Revenue and Budget Conditions
Sjoquist, David
Stephenson, Andrew
Wallace, Sally
PUBLIC BUDGETING AND FINANCE, 2011, 31 (04): : 31 - 50
[9] The impact and externalities of natural disasters on local tax revenue in Colombia
Garcia, Jhorland Ayala
Dall'erba, Sandy
Ridley, William C.
REGIONAL STUDIES, 2023, 57 (05) : 857 - 867
[10] THE VIDEO GAMING INDUSTRY (from play to revenue)
Baltezarevic, Radoslav
Baltezarevic, Borivoje
Baltezarevic, Vesna
INTERNATIONAL REVIEW, 2018, (3-4) : 71 - 76

← 1 2 3 4 5 →