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suggested the economic benefits

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8월 29, 2020

Boger, Spears, Wolfe, and Lin(1999) suggested the economic benefits for communities to develop casino gaming operations are often positive. Casino operations appear more economically stable than other types of business in the entertainment and leisure industry(Lee & Park, 2008).

Often, casino gaming is considered by financially struggling communities and is seen as a positive economic enhancement to solve fiscal issues(Janes & Collison, 2004). Communities expect that additional jobs, increased property values, increased wages, and reduced public assistance would result to stimulate local economy(National Gaming Impact Study Commission 1999; Rephmann, Dalton, Stair & Isserman, 1997). On the other hand, Baxandall(2005) identified that the development of casinos appears to produce a few modestly positive effects, a few modestly negative impacts, and, in several areas in US, no statistically significant effects at all.

In fact, the population of casino located regions grew 5 percent faster that the population of non-casino regions and employment in casino hosted regions grew 6.7 percent faster than in non-casino regions. Therefore, there was little difference between employment rates in casino and non-casino regions.

Foxwoods Resort Casino in Ledyard was selected as the research location because the casino is one of the most well-known and successful legalized casinos in USA. With its diverse business enterprises and reinvestment of capital in Connecticut, the Mashantucket Pequot Tribal Nation has become an economic growth marvel for the State and the immediate region.

Since the opening of its Foxwoods Resort Casino in 1992, the Nation has created almost 13,000 jobs and played a leading role in revitalizing the southeastern Connecticut economy of the early 1990s that absorbed large defense spending cuts. However, the full economic impact of the Nation, its Foxwoods Resort Casino is expected to be far greater than just direct employment effects(Cartensen et al., 2000). In April 2010, the researcher conducted a pilot study to examine the reliability and adequacy of survey questions.

After the pilot study, few changes were made and the survey questions were completed. As a result of an expert review and pilot study, 22 items measuring residents’ perceptions towards economic and social impacts of the casino establishment were developed to address recent issues and concerns. All items were measured on a five point likert scale ranging from 1(strongly disagree) to 5(strongly agree). The questionnaires were randomly distributed to residents in Ledyard, Connecticut from 24th April to 20th May 2010

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