Do Casinos Reduce Taxpayer Burdens? No! Casino Gambling States Spent More, Taxed More, with Slower Growth
From the Desk of Ernie Goss Located in 24 states, 515 commercial casinos in 2016 collected $8.9 billion in taxes on $40.0 billion in gambler losses for an average tax rate of approximately 23%, or roughly triple the average sales tax rate. Eleven of the 24 casino states devoted casino tax collections to education spending, while the remaining 13 states dedicated the taxes to a wide array of state and local spending projects. Table 1 shows how casino states differed...