Search Results
Journal Article
Agriculture: tobacco economies: going up in smoke?
Working Paper
No smoking at the slot machines: the effect of a smoke-free law on Delaware gaming revenues
As communities around the nation consider laws restricting smoking in public places, a key political and economic issue that often arises is the effect that such laws have on the sales and profits of particular sectors. The gaming industry has been active in opposition to such ordinances, citing large prospective losses. This article analyzes the revenues of three gaming facilities in Delaware following the implementation of a smoke-free law in December 2002. Revenues are found to have declined significantly at each of the three facilities, with relative magnitudes of losses corresponding to ...
Working Paper
Casino revenue and the Illinois smoking ban
Smoking was banned in all Illinois casinos in January 2008. We explore the effects that the smoking ban has had on Illinois casino revenue and attendance. Our empirical methodology extends and enhances that of previous literature in that we observe a natural experiment in comparing the performance of Illinois casinos with out-of-state casinos (no smoking ban) that share a market with Illinois casinos. Estimates suggest that revenue and admissions at Illinois casinos declined by more than 20 percent ($400 million) and 12 percent, respectively. Calculations reveal that casino tax revenue to ...
Journal Article
Tobacco buyout : the invisible hand plants first crop
Journal Article
Tobacco stimulus: Virginia and North Carolina are among the states using money from their 1998 settlement with tobacco companies to spur economic development
Related links: https://www.richmondfed.org/-/media/richmondfedorg/publications/research/econ_focus/2011/q1/feature2_weblinks.cfm
Journal Article
Leaf falls : tobacco crop's first market year
Journal Article
Perspective: tobacco manufacturers are now compensating states for smoking-related costs: how will this affect the economy?
Smoking out the social and economic benefits of the 1998 tobacco settlement for Massachusetts.
Journal Article
On the economic analysis of smoking bans