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In late 2008 and early 2009 the Australian Federal Government introduced a series of economic stimulus packages designed to maintain consumer spending in the early days of the Great Recession. When these packages were initiated the media suggested that the wide-spread availability of electronic...
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The New South Wales club gaming industry has existed for nearly forty years since the introduction of slot machines in 1956 and has witnessed the impact of changing legal, competitive, social, economic and technological factors on its competitiveness. Using Michael Porter's framework of...
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Linear programming is a tool that has been successfully applied to various problems across many different industries and businesses. However, it appears that casino operators may have overlooked this useful and proven method. At most casino properties the bulk of gaming revenues are derived from...
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Ackerlof and Shiller (2015), and many others, argue that slot machines are manipulative and deceptive. We examine whether the removal of slots from a specific bar or restaurant impacts bankruptcy filings in the immediate vicinity. Our identification strategy compares consumers that are fractions...
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