THE DEMAND FOR CASINO GAMING WITH SPECIAL REFERENCE TO A SMOKING BAN |
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| Authors: | RICHARD THALHEIMER MUKHTAR M ALI |
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| Institution: | Thalheimer:;President, Thalheimer Research Associates, Inc., 107 West Short Street, Lexington, KY 40507. Phone 1-859-255-3073, Fax 1-859-254-8103, E-mail
Ali:;Professor, Department of Economics, University of Kentucky, Lexington, KY 40506. Phone 1-859-257-7636, Fax 1-859-323-1920, E-mail |
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| Abstract: | This study adds to the limited literature on the demand for casino gaming. The major focus is on the effect of a statewide smoking ban. A system of slot machine demand equations, one each for the three Delaware racinos (racetrack casinos), was developed. The number of slot machines at a racino, at competing in-state racinos, and income were significant demand determinants. Competing out-of-state gaming venues had insignificant effects on gaming demand over the study period. The smoking ban had a significant negative impact on demand, which was not significantly different across the three racinos. The smoking ban reduced gaming demand 15.9%. ( JEL L83) |
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