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Tuesday, October 03, 2006

A roll of the dice

Northeast PA Business Journal looks at the potential impact of slot machines in PA.

"The only real economic impact is if you draw people from outside your region," says William J. Robinson, assistant professor of economics at the University of Nevada Las Vegas. "If all you do is get money from people who live in your region, then you are just redistributing from one economic activity to another. If you can't get those people coming in from outside your community, there is a no net gain and you have to decide whether what you are giving up is worth what you're getting."

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