No Smoking at the Slot Machines: The Effects of Smoke-Free Laws on Gaming Revenues
FRB of St. Louis Working Paper No. 2005-054A
12 Pages Posted: 29 Jul 2005
Date Written: June 2005
Revenues at three gaming facilities in Delaware declined significantly after the implementation of a smoke-free law. The relative magnitudes of losses at the three facilities correspond to the availability of alternative gaming venues in the region, suggesting consumer flight. Efforts to mitigate revenue losses engendered additional costs, further reducing operating profits.
Keywords: Gambling, smoking, revenues, slot-machines
JEL Classification: L83, I18
Suggested Citation: Suggested Citation