| Bankruptcy Rates: A County Level
Analysis
At Creighton University, Ernie Goss, Professor of Economics and Edward
Morse, Professor of Law, used bankruptcy information to compare the
roughly 250 U.S. counties with commercial or Indian casinos. "Our
regression analysis on matched-pair counties indicates that those counties
that legalized casino gambling during the 1990s experienced a cumulative
growth rate in individual bankruptcies that was more than double the
growth rate for corresponding non-casino counties."
Creighton Bankruptcy Study
The
Impact of Casino Gambling
on Personal Bankruptcy Filing Rates
John M. Barron, Dept. of Economics at Purdue University; Michael E Staten
of the McDonough School of Business at Georgetown University, Washington
D.C. and Stephanie M. Wilshusen Georgetown looked at larger market areas
and determined, "Our analysis predicts an 8%decline in 1998 filing rates
for casino and collar counties, and a 1.4% decline in filing rates
nationwide if one were to eliminate casino gambling."
Collar Community Bankruptcy Study
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