Governing Fortune: Casino Gambling in America
Written by a lawyer and an economist, Governing Fortune summarizes the legal framework supporting the gaming industry and reviews the costs and benefits of casinos by showing how tax base and job growth vary widely with site-specific factors. The book sets forth an innovative proposal for the licensing of gamblers as a means to balance the liberty interests of individuals against the social costs generated from problem gambling behavior. Morse and Goss offer both regional and sector comparisons of the gaming industry and accessible data about every aspect of the gaming environment, including the impact of gambling on economic and social environments.
 
"Goss and Morse provide an outstandingly sound economic understanding of the function and place of casinos in American society, including essential heretofore unavailable grounding in the legal issues that the book accomplishes remarkably effectively. Moreover, this wealth of economic and legal information is transmitted in an engaging and readable manner. Scholarly, thoughtfully collected and authoritative, the book is of interest to any learner of the gambling industry, including students, civic activists, legislators, and scholars."
— Earl Grinols, Baylor University
 
"In this book, Morse and Goss make important contributions to our understanding of the negative outcomes of the expansion of gambling in America."
— Jon Bruning, Nebraska Attorney General
 
Edward A. Morse is Professor of Law and holder of the McGrath North Mullin & Kratz Endowed Chair in Business Law at Creighton University School of Law. Ernest P. Goss is Professor of Economics and MacAllister Chair at Creighton University and was a 2004 scholar-in-residence with the Congressional Budget Office.
"1114515247"
Governing Fortune: Casino Gambling in America
Written by a lawyer and an economist, Governing Fortune summarizes the legal framework supporting the gaming industry and reviews the costs and benefits of casinos by showing how tax base and job growth vary widely with site-specific factors. The book sets forth an innovative proposal for the licensing of gamblers as a means to balance the liberty interests of individuals against the social costs generated from problem gambling behavior. Morse and Goss offer both regional and sector comparisons of the gaming industry and accessible data about every aspect of the gaming environment, including the impact of gambling on economic and social environments.
 
"Goss and Morse provide an outstandingly sound economic understanding of the function and place of casinos in American society, including essential heretofore unavailable grounding in the legal issues that the book accomplishes remarkably effectively. Moreover, this wealth of economic and legal information is transmitted in an engaging and readable manner. Scholarly, thoughtfully collected and authoritative, the book is of interest to any learner of the gambling industry, including students, civic activists, legislators, and scholars."
— Earl Grinols, Baylor University
 
"In this book, Morse and Goss make important contributions to our understanding of the negative outcomes of the expansion of gambling in America."
— Jon Bruning, Nebraska Attorney General
 
Edward A. Morse is Professor of Law and holder of the McGrath North Mullin & Kratz Endowed Chair in Business Law at Creighton University School of Law. Ernest P. Goss is Professor of Economics and MacAllister Chair at Creighton University and was a 2004 scholar-in-residence with the Congressional Budget Office.
38.95 In Stock
Governing Fortune: Casino Gambling in America

Governing Fortune: Casino Gambling in America

Governing Fortune: Casino Gambling in America

Governing Fortune: Casino Gambling in America

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Overview

Written by a lawyer and an economist, Governing Fortune summarizes the legal framework supporting the gaming industry and reviews the costs and benefits of casinos by showing how tax base and job growth vary widely with site-specific factors. The book sets forth an innovative proposal for the licensing of gamblers as a means to balance the liberty interests of individuals against the social costs generated from problem gambling behavior. Morse and Goss offer both regional and sector comparisons of the gaming industry and accessible data about every aspect of the gaming environment, including the impact of gambling on economic and social environments.
 
"Goss and Morse provide an outstandingly sound economic understanding of the function and place of casinos in American society, including essential heretofore unavailable grounding in the legal issues that the book accomplishes remarkably effectively. Moreover, this wealth of economic and legal information is transmitted in an engaging and readable manner. Scholarly, thoughtfully collected and authoritative, the book is of interest to any learner of the gambling industry, including students, civic activists, legislators, and scholars."
— Earl Grinols, Baylor University
 
"In this book, Morse and Goss make important contributions to our understanding of the negative outcomes of the expansion of gambling in America."
— Jon Bruning, Nebraska Attorney General
 
Edward A. Morse is Professor of Law and holder of the McGrath North Mullin & Kratz Endowed Chair in Business Law at Creighton University School of Law. Ernest P. Goss is Professor of Economics and MacAllister Chair at Creighton University and was a 2004 scholar-in-residence with the Congressional Budget Office.

Product Details

ISBN-13: 9780472024865
Publisher: University of Michigan Press
Publication date: 12/22/2009
Sold by: Barnes & Noble
Format: eBook
Pages: 344
File size: 5 MB

About the Author

Edward A. Morse is Professor of Law and holder of the McGrath North Mullin & Kratz Endowed Chair in Business Law at Creighton University School of Law.

Ernest P. Goss is Professor of Economics and MacAllister Chair at Creighton University and was a 2004 scholar-in-residence with the Congressional Budget Office.

Table of Contents

\rrhp\ \lrrh: Contents\ \1h\ Contents \xt\ \comp: set page numbers on page proof\ List of Figures List of Tables Chapter 1. A Brief History of Gambling in America Early English History Gambling in Colonial America The Early Republic Transitions to Modern Legalized Gambling: The Nevada Experience The Modern Era Chapter 2. Casino Expansion in the United States Commercial Casinos Tribal Casinos Racinos Industry Leaders Chapter 3. Tax Revenues from Casinos Tribal Casino Payments Commercial Casino Tax Collections How Are Casino Taxes Spent? Do Casinos Generate Tax Relief? Chapter 4. Casinos as Economic Development Tools The Typical U.S. Casino Do Casinos Create Noncasino Jobs and Higher Income? Chapter 5. Social Costs Pathological and Problem Gambling Social Cost Research Casinos and Crime Casinos and Bankruptcy Estimating the Incidence and Magnitude of Social Costs Chapter 6. Regulating Gambling--An Introduction State Regulation: Wielding the Police Power State Regulatory Structures Chapter 7. Casino Regulation in Nevada Basic Mechanisms of Control Agency Discretion: Licensing Agency Discretion: Blacklisting Credit Rules Problem Gambling Chapter 8. Casino Regulation in Other States New Jersey Iowa Missouri Mississippi South Dakota Chapter 9. Regulating Gambling: The Federal Government's Role A Case Study in Federal Policy: Competition in State Lotteries Federal Criminal Sanctions Affecting Gambling Enterprises The Wire Act (18 U.S.C. 1084) and Related Legislation The Professional and Amateur Sports Protection Act Other Federal Regulation: Tax and Money Laundering Rules Taxing Gambling Businesses Taxing Gamblers Money Laundering First Amendment Constraints on Regulation of Casino Advertising Chapter 10. The Internet: Gambling's New Frontier The Business Model for Internet Gambling A Need for Regulation? Federal Government Efforts to Control Online Gambling The Federal Government Strikes: Prosecution of Jay Cohen The States Strike: Internet Enforcement Efforts Anticybersquatting Consumer Protection Act: In Rem Theory Targeting Advertising and Finance The International Gaming Industry Strikes Back: WTO Challenge Chapter 11. Tribal Gaming Overview of the IGRA Taxes and Tribal Casinos Enforcing the Compact Process: Problems of State Sovereign Immunity The Scope of "Indian Lands" The Limits of Class II Gaming: What Is a Slot Machine? Tribal Political Influence Chapter 12. Governing Fortune in a Changing World The Current Political Milieu Litigation Threats to the Gambling Industry: Some Recent Cases Changing the Regulatory Paradigm: A License to Gamble? Notes to Pages 00---00
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