The impact of casino gambling on bankruptcy rates

The impact of casino gambling on bankruptcy rates stanley casinos

Citations Citations 55 References References

Here is how to contribute. In particular, existing studies offer only weak inferences about the role of stigma in explaining the decision to file for bankruptcy or in explaining regional variation in bankruptcy filing rates. Both access to casino gambling and the personal bankruptcy rate have risen substantially in recent years. First, we show that under a wide array of circumstances, punishments harsh enough to ensure all debt is repaid improve welfare. A reported correlation between greater access to gambling facilities and state and county bankruptcy rates suggests the increased availability of gambling might baniruptcy an important factor explaining the increased national bankruptcy rate. Lynda De La Vina.

By John Barron, Michael E. Staten and Stephanie Wilshusen; Abstract: Personal bankruptcies soared in the United States between and. Both access to casino gambling and the personal bankruptcy rate have risen substantially in recent years. A reported correlation between greater access to. bankruptcy rates, but the local impact is far more pronounced than the . casino gambling had an impact on local bankruptcy filing rates.

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