It’s said that slot machines are the crack cocaine of gamblers: a quick rush but pretty financially debilitating over the long-term (just ask Bill Bennett). What’s less known is that they may have the same impact on state legislatures, too. An article by University of Nevada professor William Thompson in The Washington Post examines the broader fiscal impact of slot machine gambling. Considering that education finance is frequently offered up as a rationale for slot machines, Dr. Thompson’s analysis, while not bullet-proof, has important implications.
Post readers dicuss the article with Thompson in an online chat here.