April 02, 2020

Michael Pollock, William Coley, & Rod Motamedi - Addressing Short-term and Long-term Fiscal Questions: How to Establish Gaming Policy to Generate Optimal Economic Benefits

March 23, 2020

Michael Pollock, William Coley, & Rod Motamedi - Addressing Short-term and Long-term Fiscal Questions: How to Establish Gaming Policy to Generate Optimal Economic Benefits

[Slides]Gaming Policy in Difficult Times: Getting it Right the First Time – Michael Pollock, Spectrum Gaming & Ohio Senator William Coley

[Slides]The Economic & Fiscal Ramifications of Gaming Expansions – Rod Motamedi, UMass Donahue Institute

[Recording]Addressing Short-term and Long-term Fiscal Questions: How to Establish Gaming Policy to Generate Optimal Economic Benefits – Michael Pollock, William Coley, & Rod Motamedi

Governments across the United States are grappling with a medical and economic crisis that has placed all of us in uncharted territory. With these challenges in mind, REMI and Spectrum Gaming Group will jointly present a webinar on Thursday, April 2nd from 2:00 to 3:00 p.m. (ET) titled “Addressing Short-term and Long-term Fiscal Questions: How to Establish Gaming Policy to Generate Optimal Economic Benefits.”

REMI Managing Economic Associate Chris Judson will be moderating this important webinar. Guest speakers for this discussion are:

  • National Council of Legislators from Gaming States (NCLGS) President & Ohio Senator William Coley
  • Spectrum Gaming Group Managing Director Michael Pollock
  • University of Massachusetts Donahue Institute Senior Research Manager Rod Motamedi

Gaming is surely one of the most regulated industries in the United States, but it is far more than that. It is an industry that many legislators, economists, local businesses, and individuals view as an economic catalyst. As so many stakeholders pin their fiscal and economic hopes on this industry, can it deliver? And what policies can be pursued to help advance those critical goals?

Before the current COVID-19 challenge took hold, the ongoing expansion of sports betting and other new forms of gaming had already reignited and further piqued states’ interest in capitalizing on potential new revenue streams provided by the gaming industry.

These efforts are being further fueled by the reaction to COVID-19. States may now be considering mobile betting as a means of securing new and diversified fiscal revenue streams while promoting a form of gaming that does not require social interaction.

We will provide a specific analysis of those opportunities and challenges before suggesting a long-term roadmap.

We look forward to examining the recent trends in the gaming industry, determining the economic effects of various state approaches to implementing casino gambling, and describing the methodologies utilized in gaming policy assessments during our webinar.