Abstract

Among some of the “entrepreneurial” efforts which cities are exploring to raise revenue is legalized gambling. California law permits a local option on the establishment of poker clubs, and in Los Angeles County, five cities now operate clubs which provide anywhere from 10 to 60 percent of their revenue. This paper explores several questions relating to this revenue in these cities, including its stability and growth, and whether the costs of increased crime outweigh the benefit of increased revenue. Data collected over a ten‐year period indicate that the revenue results are mixed but that the card clubs do not have any measurable impact on the rate of crime in the community.

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.