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The Economics Of Gambling
Originally published on Tue June 26, 2012 8:25 am
All but a few states now have some type of commercial gaming. New Jersey and California have taken steps toward legalizing gambling on all sports, while Massachusetts is looking at allowing the first casinos to be built in that state. Boston College economist and author Richard McGowan talks to Renee Montagne about the economics behind the rapid expansion of gambling and casinos in America.