Get help with access Institutional accessĪccess to content on Oxford Academic is often provided through institutional subscriptions and purchases. Besides limiting the availability of gambling opportunities, this approach would be consistent with differentially higher tax rates.
A middle ground is to accommodate the existing, unstimulated demand for gambling, without doing anything to stimulate that demand.
The taxation of gambling is bound up with other policy issues relating to society’s attitude towards gambling. The incidence of gambling taxes is usually regressive. While the joint legalization and taxation probably conveys net welfare gains (net gamblers are better off), the legalization nevertheless imposes some external costs (compulsive gamblers, particularly of gaming machines, are worse off). Overall, gambling products tend to be subject to quite high implicit or explicit rates approximating those on tobacco and alcohol. slot machines and casino gambling tables) or gross wager (e.g.
Governments collect excise tax revenue from gross revenue (e.g. This legalization is invariably accompanied by both regulation and taxation. Gambling has experienced rapid growth in recent decades, marked by the legalization of heretofore forbidden games and increasing rates of participation among households.
