Journal article
Research note: The economic impact of opening a gaming venue in Australia
Tourism Economics, Vol.17(2), pp.457-464
2011
Abstract
Research shows that opening a large gaming venue has economic impacts. This paper evaluates these impacts from the perspectives of the government, industry and the community. Though the effects are interrelated, the direct impact for each of these stakeholders is unique. For the government, direct taxation, tourism and investment are discussed, with a focus on the immediate effect on infrastructure. For industry, revenue generation, the multiplier effect, leakage, cannibalization and the trend of strategic cross-industry alliance are examined. For the community, average household disposable income, employment rate, direct competition, land speculation and the impact on standard of living are analysed.
Details
- Title
- Research note: The economic impact of opening a gaming venue in Australia
- Authors
- Timothy J Lee (Author) - University of Queensland
- Publication details
- Tourism Economics, Vol.17(2), pp.457-464
- Publisher
- Sage Publications Ltd.
- Date published
- 2011
- DOI
- 10.5367/te.2011.0043
- ISSN
- 1354-8166
- Organisation Unit
- University of the Sunshine Coast, Queensland; Sustainability Research Cluster
- Language
- English
- Record Identifier
- 99450652702621
- Output Type
- Journal article
Metrics
178 Record Views
InCites Highlights
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- Web Of Science research areas
- Economics
- Hospitality, Leisure, Sport & Tourism
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Source: InCites