Economists John Jackson and Douglas Walker published an article in Contemporary Economic Policy in early 2011 that showed that the increased revenue that comes from gambling often comes at the expense of sales tax revenue. The two also came to the conclusion that, in general, casinos and greyhound racing tend to decrease state revenues overall.
“Stock market casino: the rising stakes of ‘gamified’ investing” | Financial Times
November 10, 2026
By Stephanie Stacey As investment sites and prediction markets merge, investors are more vulnerable than ever. Retail trading platforms like