William Werner, Committee Chair
First Committee Member
Second Committee Member
Hyun Kyung “Grace” Chatfield
Graduate Faculty Representative
Number of Pages
This dissertation empirically investigates the effects of the gaming industry on a local economy, specifically housing prices and sales in the city and surrounding areas of Las Vegas. This study explores many of the economic effects that Las Vegas' relatively unrestricted gaming industry has on surrounding home prices and sales and analyzes the specific forces and the issues they involve. As of this writing, little to no research has used seminal economic theories to analyze the effects of the performance of a locale's gaming industry on the surrounding residential real estate market. This study addresses this gap by examining the relationship of gaming performance to employment, employment to income, and income to housing. The analysis provides evidence of a significant positive correlation between gaming revenues and casino employment, and between casino employment and residential sales and pricing. The study brings new perspective to the relationship between gaming and the local economy, providing a possible glimpse into the future for other maturing gaming markets.
Casino; Employment; Gaming; Housing; Income; Las Vegas; Nevada; Real estate
Economic Theory | Gaming and Casino Operations Management | Real Estate
University of Nevada, Las Vegas
Miller, Christopher Alan, "The Effects of gaming on residential real estate prices and sales: A case study of Las Vegas: 1990--2008" (2009). UNLV Theses, Dissertations, Professional Papers, and Capstones. 38.
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