,Seneca Niagara Casino: Fiscal & Economic Impact on Niagara Falls, NY

Seneca Niagara Casino: Fiscal & Economic Impact on Niagara Falls, NY


 

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.