Economic and social impacts of gambling in the Czech Republic

Abstract

Gambling represents a significant part of the Czech economy which generates profits as high as dozens of billions CZK to the operators every year. Main share of the market is formed by technical games and slot machines. The thesis deals only with this specified section of gambling and tries to describe economic and social impacts of gambling from two different views. It proceeds with regression analysis at level of districts first time based on the Czech data and then describes the problematic at the local level in Prague. The results show connection of gambling with negative economic and social environment. Gamblers lost more money in districts with higher unemployment or social benefits payments and higher economic criminality. Gambling negatively influences also family background and the number of tradesmen. On the other hand, gambling based on foreign visitors is not seen to be connected with any negative consequences. The local analysis confirms differences between casinos and gambling houses and their low respect to rules. Pawnshops and other non-representative businesses can be found near gambling houses, more importantly the connection of gambling with criminality can be also found at local level. Thesis presents a complex overview of slot machine gambling in the Czech Republic and alerts readers..

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