“Readers of the Rockefeller Institute’s fiscal reports know that recovery in state and local revenues has been slow since the deep drops in 2009. And though the national economy has shown fairly consistent rates of growth in jobs, economic out-put, and home prices in recent years, the strength of the recovery has varied greatly across localities. In light of these facts, it is not surprising that states are looking for new ways to raise revenues and promote economic development in struggling regions — and many are turning to gambling activities and facilities as solutions. However, as Dr. Lucy Dadayan shows in this new Blinken Report, state authorizations and promotions of gambling offer little long-run relief to state revenue problems. New gambling activities may generate short-run increases in public revenues, but these increases are getting smaller and their duration shorter, perhaps as more and more states compete for a limited pool of gambling dollars…”