English, Article edition: The Relationship of Pari-mutuel Wagering and Casino Gaming to Personal Bankruptcy Richard Thalheimer; Mukhtar M. Ali

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Physical Description
  • article
Language
  • English

Edition details

Title
  • The Relationship of Pari-mutuel Wagering and Casino Gaming to Personal Bankruptcy
Author
  • Richard Thalheimer
  • Mukhtar M. Ali
Physical Description
  • article
Notes
  • In this article, the relationship of the availability of pari-mutuel wagering and casino gaming opportunities to personal (nonbusiness) bankruptcy filings is investigated. An econometric model was developed relating the number of personal bankruptcies to sociodemographic, legal, and economic factors. In addition, a unique measure of access to casino and pari-mutuel gaming was included. Population, personal income, age, race, divorce rate, unemployment rate, and the ratio of debt to disposable personal income were found to be significant determinants of personal bankruptcies. Access to pari-mutuel or casino gaming facilities was found not to have a significant impact on personal bankruptcies. (JEL "K1", "K4", "D1", "L83") Copyright 2004 Western Economic Association International.
  • RePEc:bla:coecpo:v:22:y:2004:i:3:p:420-432
Language
  • English
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