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7 of 8 people found the following review helpful:
5.0 out of 5 stars Excellent Review of Economics of Gambling, April 25, 2007
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This review is from: Gambling in America: Costs and Benefits (Hardcover)
We used this book to help fight off a casino planned for our small town, and we won. Grinols is an economist and the expert on casino economics. He points out that for every $1 that comes into the area from a casino, $3 goes out in unforseen economic costs. Casinos are not sustainable economic development. They are a regressive tax, have very high social costs, and as Warren Buffett said, "government shouldn't be in the business of making losers of its citizens".
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Gambling in America: Costs and Benefits
Gambling in America: Costs and Benefits by Earl L. Grinols (Hardcover - January 12, 2004)
$65.00 $56.36
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