To illustrate this, Dadayan tracked the revenues of 11 states where casino gambling was approved more than 20 years ago. Further declines are also expected rockfeller the fourth quarter.
This weakening raises a yellow flag for state budgets. As a budget revenue source, it's not sustainable. Lucy Dadayan and Don Boyd, September 17, Though she labels gambling-related revenues as regressive taxes that tend to hit the middle income and poor harder, she said her study makes no moral or political argument against gambling. While the decline in the final quarter of was not as steep as in previous quarters, preliminary figures for early show continued weakness. Suncruz casino new port collections from personal income taxes took a dramatic jump — rising more than 16 percent — in the April-June quarter, compared to the same period of Boyd, October 25, State Revenue ReportState-sanctioned and operated gambling has expanded in recent years. .. The Nelson A. Rockefeller Institute of Government is the public. The Nelson A. Rockefeller Institute of Government Web Site. s reliance on gambling money could be a losing hand. In the study, by SUNY's Nelson A. Rockefeller Institute of Government, the Keystone.