Although in most states legalized gambling provides a very small proportion of state tax receipts (usually far less than 5%), casino taxes do make it easier for politicians to avoid spending cuts or other tax increases. Perhaps the most important political benefit of casinos is tax revenues.
There is also published evidence that casinos have a positive impact on state-level economic growth, though that evidence has not been consistent over time. Perhaps the most comprehensive study on employment and wages was done at the US county level.Ĭontrolling for a variety of factors, the results showed that counties with casinos have higher employment (by around 8%) than those without wages were slightly higher in casino counties. When it comes to the economic benefits of casinos, there have been several studies on economic growth, employment, and wages.
