“zero-sum” activity, namely to the dominance that pure gambling has acquired in the financial sector. In spite its … gambling has acquired in its function is a strongly negative obstacle. Gambling benefits from the advancement of the … financial gambling to be contrary to the reason the financial sector exists, and to the spirit of the competitive economy. We …

attempt to fill this gap, by analyzing the impact of IT on the relative productivity of gambling establishments. Ours is also … the first empirical study of productivity in gambling, one of the fastest growing industries in the service sector. The … indicating constant returns to scale. More importantly, we find that gambling establishments investing more heavily in computers …