Study finds high employee turnover and profit leakage from Massachusetts casinos
What happened
Researchers at the University of Massachusetts Amherst conducted an 11-year investigation into the economic and social impacts of casinos in Massachusetts. The study found that 90% of casino revenues come from problem and at-risk gamblers. Furthermore, the research noted that 75% of casino employees left other full-time jobs, and only 39% of casino employees earned a living wage for their county.
From kpcnews.com
Why it matters
The investigation concluded that substantial casino profits leave the state because the operations are owned by corporations headquartered elsewhere. This finding suggests that the economic viability of state gambling operations may be challenged by profit leakage.
From kpcnews.com
Who's involved
- University of Massachusetts AmherstConducted the comprehensive investigation into casino impacts in Massachusetts.
- MassachusettsThe state where the casino operations were studied.
- CommonwealthThe governmental jurisdiction of Massachusetts.
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- CommonwealthSpeculative
The Commonwealth might face challenges regarding the economic viability and social cost of state gambling operations.
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The entities involved
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University of Massachusetts Amherst
public university in Massachusetts, USA
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Massachusetts
state of the United States of America