We found a match
Your institution may have access to this item. Find your institution then sign in to continue.
- Title
Estimating the Effect of the 2003 Gaming Tax Restructuring on Riverboat Gaming Volume.
- Authors
Ahigren, Mikael; Dalbor, Michael C.; Singh, Ashok
- Abstract
This paper analyzes the effect of the 2003 Illinois gaming tax increase on gaming demand. To model gaming demand, slot machine coin-in is chosen for the period January 2000 to December 2006. Multiple regression analysis is used to model both the tax increase and account for seasonality in the data. A Box Jenkins model was employed to address correlation of error terms. The findings reveal that Illinois experienced a decrease in gaming demand when the tax increases took effect. The findings indicate that legislators should acknowledge and evaluate the negative economic pressures tax increases have on the gaming industry.
- Subjects
ILLINOIS; GAMBLING taxes; GAMBLING on river boats; SLOT clubs; SLOT machines; COIN-operated machines; VENDING machines; REGRESSION analysis; MULTIVARIATE analysis
- Publication
UNLV Gaming Research & Review Journal, 2009, Vol 13, Issue 2, p45
- ISSN
1531-0930
- Publication type
Article