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Gambling as an Economic Development Strategy: The Neglected Issue of Job Satisfaction and Nonpecuniary Income

Author

Listed:
  • Blair, Benjamin, F.

    (University of Nevada, Las Vegas)

  • Schwer, R. Keith

    (University of Nevada, Las Vegas)

  • Waddoups, C. Jeffrey

    (University of Nevada, Las Vegas)

Abstract
Economic impact analyses of proposed new gaming venues have focused on such pecuniary factors as the number of jobs and the increase in income likely to accompany gaming development projects, while ignoring nonpecuniary components of compensation. If nonpecuniary compensation is not accounted for, economic impact assessments of development options will not reflect the true impact of alternative development options. Results of this study suggest that employees in gaming industry occupations are less satisfied with their jobs than those in other industries. Community decision makers who are considering the option of gaming to develop their local and regional economies should be aware not only of the quantity, but of the quality of employment that will be created should gaming be introduced into their areas.

Suggested Citation

  • Blair, Benjamin, F. & Schwer, R. Keith & Waddoups, C. Jeffrey, 1998. "Gambling as an Economic Development Strategy: The Neglected Issue of Job Satisfaction and Nonpecuniary Income," The Review of Regional Studies, Southern Regional Science Association, vol. 28(1), pages 47-62, Summer.
    • Handle: RePEc:rre:publsh:v:28:y:1998:i:1:p:47-62
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    References listed on IDEAS

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    Cited by:

    1. Gazel, Ricardo & Rickman, Dan S. & Thompson, William N., 2000. "The Sources of Revenues for Wisconsin Native American Casinos: Implications for Casino Gaming as a Regional EconomicDevelopment Tool," The Review of Regional Studies, Southern Regional Science Association, vol. 30(3), pages 259-274, Winter.
    2. Arano, Kathleen G. & Blair, Benjamin F., 2008. "Modeling religious behavior and economic outcome: Is the relationship bicausal?: Evidence from a survey of Mississippi households," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 37(5), pages 2043-2053, October.
    3. Earl L. Grinols & David B. Mustard, 2005. "Business Profitability and Social Profitability: Evaluating Industries with Externalities, The Case Casinos," Law and Economics 0509001, University Library of Munich, Germany.

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