Download or read book Regulating Land Based Casinos Policies Procedures and Economicsvolume 2 written by Anthony Cabot and published by Gambling Studies. This book was released on 2018-08-27 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Once restricted to exotic locations like Las Vegas, Macau, and Monte Carlo, casinos are now operating in many cities nationally and internationally from the Maryland waterfront to Ho Chi Minh City. This expansion of the gaming industry, both geographically and economically, raises new and important policy questions about the role of government in gaming regulation, the obligations and opportunities for casinos, and public support for gambling and gaming tax revenue. The contributors to this book have decades of experience in gaming regulation and business and are optimistic about the future of gaming and casinos. Each author critically engages the subject and offers his or her insight into what works and what does not in the gaming business and gaming regulation. Whether a jurisdiction is considering legalizing gaming or deciding how to regulate an existing gaming industry, it should engage in a careful cost-benefit analysis informed by available data and the jurisdiction's particular public policy goals. Each chapter in this book considers a key component of this process. The chapters collect and analyze gaming research from a wide variety of disciplines, including law, business, social sciences, economics, and tax to explain the many approaches a jurisdiction might take to identify and address important policy goals and to suggest emerging issues that require additional research and data. The chapters also incorporate extensive industry experience and examples to investigate the effects of different regulatory practices on the gaming industry, industry stakeholders, and the public. With almost 200 pages in new content, this second edition adds a new chapter on Casino Organization and Operations and updates and expands many of the other chapters.

Download or read book Regulating Land Based Casinos written by Anthony Cabot and published by . This book was released on 2014-09-15 with total page 588 pages. Available in PDF, EPUB and Kindle. Book excerpt: Gaming law is many decades old but has only recently been recognized as a distinct legal discipline. The few, early jurisdictions across the world that permitted gaming regulated it in isolation. When the liberalization of casino gaming took hold in the 1980s, legislators frequently, and irrationally, sought the most "stringent" regulatory regime. The problem was legislators were inexperienced at creating and defining gaming policy goals, and little consideration was given to the effectiveness of this over-regulation to achieve even loosely constructed policy goals. But gaming regulation has matured. Experience has been a great teacher. Governments have learned what to expect from a regulated casino industry both in benefits and challenges. From this, governments have better crafted public policies to both maximize benefits and minimize burdens. Regulators now have a wealth of experience as to which regulations and enforcement policies best achieve these goals. While legislators, regulators, and gaming law professionals regularly share their knowledge and experience at conferences and in legal and industry publications, this book is a seminal effort to bring this knowledge together to define best practices to achieve defined policy goals. Each chapter considers a key component of the regulatory process from defining policy goals to the practical implementation of investigations, licensing, enforcement, and auditing. The chapters collect and analyze gaming research from a wide variety of disciplines, including law, business, social sciences, economics, and tax, to explain the many approaches a jurisdiction might take to identify policy goals, suggest best practices to achieve them, and identify emerging issues that require additional research and data. The chapters incorporate extensive industry experience and examples to investigate the effects of different regulatory practices on the gaming industry, industry stakeholders, and the public. The contributors have decades of experience in gaming regulation and business, critically engage the subject, and offer insight into what works and what does not in the gaming business and gaming regulation.

Download or read book Governing Fortune written by Ernest P. Goss and published by University of Michigan Press. This book was released on 2009-12-22 with total page 344 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Download or read book Gaming Law Policy and Economics written by Anthony N. Cabot and published by . This book was released on 1999 with total page 444 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Legalized Casino Gaming in the United States written by Cathy Hc Hsu and published by Routledge. This book was released on 2014-01-21 with total page 284 pages. Available in PDF, EPUB and Kindle. Book excerpt: Covering the entire United States gaming market, Legalized Casino Gaming in the United States provides gaming researchers, policymakers, and hospitality students comprehensive overview of the history, development, legislation, and economic and social impacts of riverboat, land-based, and Native American casino gaming. Containing national and regional research about the industry, this book will provide students with a historical view on gaming and the hospitality industry, offer researchers data and current market status of the industry; and will give policymakers information about the advantages and disadvantages of a gaming industry in their community. Comprehensive and thorough, Legalized Casino Gaming in the United States is full of case studies, data, and surveys that provide you with credible information on community incomes, residents’attitudes about gaming, and gaming taxes in certain states. This fact-filled book will help you evaluate and learn about the pros and cons of the industry, including: reviewing changes in the gaming laws and regulations in particular regions and segments of the industry explaining laws and regulations by state for riverboat and other Native American land-based gaming examining negative and positive social impacts of gaming, including crime; quality of life; community services; availability of entertainment, recreation, and cultural activities; community attractiveness, such as reputation, appearance, cleanliness, and traffic; local resident attitudes; and pathological gaming explaining Nevada’s gaming regulatory system, including the roles of the Nevada Gaming Commission and Gaming Control Board, and discussing issues related to currency transactions, exclusion lists, work permits, customer disputes, and underage gambling discussing positive economic aspects of Native American gaming, such as tax benefits, in Connecticut, Wisconsin, Oregon, and Minnesota, and how the industry impacts surrounding communities Examining the industry from ethical, economic, and social standpoints, the contributors offer you several perspectives of a situation, not just one side of an issue, to help you make educated decisions or opinions about gaming. Bolstered with charts, graphs, tables, and future research recommendations, Legalized Casino Gaming in the United States offers you an in-depth and comprehensive look at the gaming industry, helping you weigh the positive and negative effects of one of the most popular areas of hospitality.

Download or read book Gaming Law Review and Economics Regulation Compliance and Policy written by and published by . This book was released on with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Sports Wagering in America written by Anthony Cabot and published by Gambling Studies. This book was released on 2018-04-27 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Whether by court decision or legislative change, gambling's next expansion in the United States will be sports wagering. However, state and federal policymakers and regulators have limited experience in addressing the many issues that are presented by regulated sports wagering. The challenges they will face are complicated by the fact that sports betting is a global industry encompassing both legal and illegal markets. This book first provides a detailed explanation of the scope and economics of the sports wagering industry and a description of how sportsbooks operate. It then describes the evolving legal landscape for sports wagering in the U.S., culminating in the Supreme Court case that considered New Jersey's challenge to the federal law that has limited sports betting to the state of Nevada. With this foundation, the book turns to an examination of the range of issues that legislators and regulators must consider in establishing regulated sports wagering, such as the need to protect the integrity of sporting events from corruption by criminal elements. Other important topics discussed include the level of regulation needed for sportsbook operators, the proper role of the federal and state governments, taxation, international cooperation, preventing illegal wagering, the role of data collection and analysis, and how to maximize innovation and patron engagement. Legalization is only the beginning of the journey of offering sports betting in the U.S. The authors offer guidance to policymakers as they take up the daunting task of building a regulatory structure for sports wagering. As the book illustrates, the decisions made on how to regulate sports betting will go a long way toward determining the success of this popular form of gambling.

Download or read book Indian Gaming Law written by KATHRYN R. L. RAND and published by . This book was released on 2019-08-21 with total page 668 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Legalized Gambling written by Rod L. Evans and published by Open Court Publishing. This book was released on 1998 with total page 482 pages. Available in PDF, EPUB and Kindle. Book excerpt: Forty-eight states now permit legalized gambling in some form, thirty-seven states run lotteries, forty-seven allow bingo houses, and more than a dozen states permit betting on dog races. American gamblers wager over $300 billion yearly in legal gambling. Although many Americans enjoy gambling and see it as harmless recreation and a fairly painless way to generate revenue without levying direct taxes, many social conservatives see gambling as a socially destructive temptation that ought notto be indulged by private citizens, much less sponsored by government. Recently, economic pressures resulting from less federal revenue and Americans' growing aversion to tax increases have led many state governments to liberalize gambling laws or sponsor gambling, sparking a lively debate. Legalized Gambling contains twenty articles focusing on different aspects of gambling policy by experts in the fields of public policy, law, psychiatry, rhetoric, religion, economics, and politics. The contributors address all areas of the debate, including the following: -- What moral issues are at the center of the debate? -- What are the true economic costs and benefits of legalized gambling? How are they often hidden or misconstrued in order to support either prohibition or legalization? -- How has the history of gambling in America shaped our current policies? -- Is governmental regulation an invasion of personal privacy? -- What are the legitimate uses of laws? -- Is "pathological gambling" a justifiable medical diagnosis? -- Do gambling establishments run by Native Americans deserve special consideration or regulation? "(In a lottery) ... the tax is laid on the willing only, that is to say, on those who can risk the price of a ticket without sensible injury for the possibility of a higher prize". -- Thomas Jefferson

Download or read book Indian Gaming Tribal Sovereignty written by Steven Andrew Light and published by . This book was released on 2005 with total page 396 pages. Available in PDF, EPUB and Kindle. Book excerpt: Examines Indian gaming in detail: what it is, how it became on of the most politically charged phenomena for tribes and states today, and the legal and political compromises that shape its present and will determine its future.

Download or read book Gambling and Public Policy written by William R. Eadington and published by University of Nevada, Reno Bureau of Business & Economic Research. This book was released on 1991 with total page 728 pages. Available in PDF, EPUB and Kindle. Book excerpt: Provides international perspectives on issues of public policy, regulation, law enforcement, historic and social views, and characteristics of gaming industries in jurisdictions around the world.

Download or read book The Economics of Online Gaming written by Andrew Wagner and published by Business Expert Press. This book was released on 2020-02-14 with total page 147 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Economics of Online Gaming covers basic economic concepts, unique economic issues, and general economic themes. This book is made from the connections that the author saw when he compared his experience inside a video game with what he learned through a formal study of economic theory. Set in the Massively Multiplayer Online Role-Playing Game (MMORPG) of Eternal Lands, it follows the true story of Mr. Mind, a gamer who builds a business inside the game world that he calls RICH. This business grows from a small start-up to an unregulated natural monopoly that abuses its market power by intentionally losing money to drive competitors out of business. RICH becomes so influential that it breaks the market process with a unique case of regulatory capture. Through this story, the book demonstrates how economic thinking is absorbed by experimenting inside an online video game. The Economics of Online Gaming covers basic economic concepts, unique economic issues, and general economic themes. Each of these topics begins with the context of a story and continues with an explanation of the economic theory behind it, finishing with a relevant real-world connection. It supports economic theory in an emotional way that cannot be shared through math or charts or graphs. Appendix B provides a comprehensive outline of ideas for teaching and discussion in each chapter.

Download or read book Gaming Law Review and Economics written by and published by . This book was released on 2009 with total page 590 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Indian Gaming Law and Policy written by Kathryn R. L. Rand and published by . This book was released on 2006 with total page 328 pages. Available in PDF, EPUB and Kindle. Book excerpt: In just over two decades, Indian gaming has become big business throughout the United States. Over 300 tribal casinos in 30 states generate billions of dollars in gambling revenue. The Indian gaming industry continues to grow, attracting widespread attention in the courts, policymaking arenas, and the media. With a complex and controversial federal regulatory scheme and myriad state and tribal regulations, Indian gaming is a growing area of legal and regulatory practice. At the intersection of federal Indian law and gambling law, and against the background of tribal sovereignty, Indian gaming is a complicated and fascinating topic for students, practitioners, and policymakers alike, raising important legal, political, and public policy questions. Indian Gaming Law and Policy provides a comprehensive and accessible explanation of Indian gaming, tracing the genesis of tribal gaming and the federal Indian Gaming Regulatory Act, enacted on the heels of the Supreme Court's landmark decision in California v. Cabazon Band of Mission Indians. The book discusses in detail the Act's provisions and subsequent legal and political developments, including the scope of gaming and state public policy, the line dividing Class II and Class III games, the increased politicization of tribal gaming after the Supreme Court's examination of the Act in Seminole Tribe v. Florida, and the multitude of actors -- at federal, state, and tribal levels, and within both the public and private sectors -- who have regulatory authority or other influence over Indian gaming. As debates over tribal gaming heat up across the U.S., the book examines developing political and policy issues that may determine the future of Indian gaming and includes a helpful appendix to guide practitioners and students in researching Indian gaming issues. Indian Gaming Law and Policy is a one-stop resource for practitioners and policymakers, and also is a highly readable and comprehensive account appropriate for adoption in courses in law, public policy and public administration, and contemporary issues. "Indian Gaming Law and Policy should be required reading for policymakers at the federal, state, and tribal level." -- Bimonthly Review of Law Books

Download or read book Game Theory and the Law written by Douglas G. Baird and published by Harvard University Press. This book was released on 1994 with total page 348 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is the first to apply the tools of game theory and information economics to advance our understanding of how laws work. Organized around the major solution concepts of game theory, it shows how such well known games as the prisoner's dilemma, the battle of the sexes, beer-quiche, and the Rubinstein bargaining game can illuminate many different kinds of legal problems. Game Theory and the Law highlights the basic mechanisms at work and lays out a natural progression in the sophistication of the game concepts and legal problems considered.

Download or read book The Law of Gambling and Regulated Gaming written by Anthony N. Cabot and published by . This book was released on 2011 with total page 698 pages. Available in PDF, EPUB and Kindle. Book excerpt: Familiarity with the elaborate regulatory processes of gaming is critical. As states look increasingly to gambling as a revenue source, the legal dimensions of gambling will expand. Because lawyers will continue to serve in a variety of roles related to gaming—advocacy, regulatory, and policy-making—students need to gain an awareness of the basics of gaming law. This casebook will develop both the practical and the policy bases of gaming. Gaming law provides unique opportunities to explore how politics, economics, social policy, religion, and mathematics can and do impact fundamental aspects of the law. This text emphasizes those parts of gaming law having the greatest national interest and impact: casinos, tribal gaming, sports and poker betting, and the continuing development of the way gaming interacts with the Internet. Lotteries, pari-mutuel, charitable, and shipboard issues also receive coverage. The book gives significant attention to the ethical issues faced by a gaming attorney. Besides presenting the leading and other illustrative cases in these areas, the text has extensive connecting note material and primary materials, like statutes and regulations.

Download or read book The Law of Gambling and Regulated Gaming written by Anthony N. Cabot and published by . This book was released on 2016 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Gaming law and regulation has seen many developments since the first edition was published in 2011. Anti-money laundering rules have been tightened, as have SEC filing requirements. Legal challenges to statutes restricting sports betting illustrate the tenuous nature of these wagering limitations. Daily fantasy sports competitions, a new way for people to engage and compete on the performance of their favorite players, have gained massive audiences and created challenging legal issues. The United States Supreme Court continues to develop jurisprudence on the ability of Indian tribes to operate casinos off their traditional lands, and has re-examined fundamental tenets of tribal sovereignty. The second edition retains a solid foundation for understanding the basic regulatory structure of gaming. It also continues to illustrate that gaming is one of the most dynamic, fluid, and policy-oriented areas of law a student will ever encounter in law school.