7 Pages Posted: 24 Nov 2003
"Winning at Craps" takes the theory used in the tobacco suits and asks whether casinos might be liable for social costs in suits by the states. The cause of action in nuisance, the defense of assumption of risk, cause in fact and proximate cause are evaluated. Policy arguments dealing with the legality of gambling, addiction and taxation are considered.
Keywords: tobacco, guns, economics, nuisance, assumption of risk, proximate cause, cause in fact, casinos, gambling, addiction, taxation
Suggested Citation: Suggested Citation
Vandall, Frank J., Winning at Craps: Are Casinos Vulnerable to State Suits for Social Costs? - A Preliminary Analysis. Managerial and Decision Economics, 2003. Available at SSRN: https://ssrn.com/abstract=448920 or http://dx.doi.org/10.2139/ssrn.448920