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Publication Date: June 2005
Publisher: Center for Governmental Research Inc.
Author(s): Kent Gardner; Rebecca Sumner
Research Area: Economics
Keywords: Economic Analysis; Public Finance
Type: Report
Coverage: New York
Abstract:
Engaged by Empire State Development Corporation (through its USA Niagara Development subsidiary), CGR assessed the net economic and fiscal impact of the Seneca Niagara Casino on the City of Niagara Falls. CGR identified significant positive economic impact for the Niagara Falls region, although observed that the benefit was limited to the activity of the casino and the spending of its employees. Consistent with other studies of casino economic impact, CGR was unable to identify a significant catalytic impact in the City of Niagara Falls.