The Role of Ethics in Regulatory Discourse: Can Market Failure Justify the Regulation of Casino Gaming?

Abstract

I. Introduction II. Public Policy and Casino Gaming III. Market Failure: Why Does It Prompt Regulation? IV. Common Arguments Used in Support of the Regulation of Gaming ... A. Populations Affected: The Addict and the Family; Populations at Risk: Teens and the Elderly ... B. Increased Crime Rates ... C. Economic Hazards of Casino Gaming ... D. Environmental Costs of Casinos: Concern for the Environment ... E. Political Contributions and Lobbying on Behalf of the Gambling Industry V. Arguments Offered by Proponents of a Market Approach to Gaming VI. Why Aren\u27t We Arguing for the Similar Regulation of Shopping? ... A. Social Benefits of Gambling and Shopping: The Promise of Economic Prosperity ... B. Social Ills of Gambling and and Shopping: Benefits Have Their Price VII. Conclusion ... A. Ethical Dimensions of Casino Gamin

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