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gambling in alberta - Research Services - University of Lethbridge

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There was no significant difference <strong>in</strong> the change <strong>in</strong> consumer <strong>in</strong>solvencies follow<strong>in</strong>g cas<strong>in</strong>o<br />

<strong>in</strong>troduction compared to the changes observed <strong>in</strong> the control periods. In the Edmonton<br />

economic region there was a decrease <strong>in</strong> commercial <strong>in</strong>solvency <strong>of</strong> 3.3 per 1000 bus<strong>in</strong>esses<br />

compared to 1.2 <strong>in</strong> the control period. In the Calgary economic region there was a decrease <strong>in</strong><br />

commercial <strong>in</strong>solvency rates <strong>of</strong> 3.2 per 1000 bus<strong>in</strong>esses compared to a decrease <strong>of</strong> 1.4 <strong>in</strong> the<br />

control period. In the Camrose-Drumheller economic region there was a decrease <strong>of</strong> 1.5 per<br />

1000 bus<strong>in</strong>esses compared to a decrease <strong>in</strong> 2.5 per 1000 for the control period. In the<br />

Athabasca-Grande Prairie-Peace River economic region there was an <strong>in</strong>crease <strong>of</strong> 0.3 compared<br />

to a decrease <strong>of</strong> 1.2 <strong>in</strong> the control period. In the Wood Buffalo-Cold Lake economic region<br />

there was an <strong>in</strong>crease <strong>in</strong> commercial <strong>in</strong>solvencies <strong>of</strong> 0.3 per 1000 bus<strong>in</strong>esses compared to a<br />

decrease <strong>of</strong> 2.6 per 1000 bus<strong>in</strong>esses <strong>in</strong> the control period.<br />

The average change <strong>in</strong> commercial <strong>in</strong>solvency rates subsequent to cas<strong>in</strong>o <strong>in</strong>troduction was a<br />

decrease <strong>of</strong> 1.0 per 1000 bus<strong>in</strong>esses compared to a decrease <strong>of</strong> 1.6 per 1000 bus<strong>in</strong>esses <strong>in</strong> the<br />

control periods. These differences were not statistically different: t (12) = .52, p = .61.<br />

Table 58: Commercial Insolvency Rates (per 1000 bus<strong>in</strong>esses) <strong>in</strong> Alberta Economic Regions <strong>in</strong><br />

Relation to the Open<strong>in</strong>g <strong>of</strong> New Cas<strong>in</strong>os or Rac<strong>in</strong>g Enterta<strong>in</strong>ment Centres (shaded cells).<br />

<strong>Lethbridge</strong> –<br />

Medic<strong>in</strong>e Hat<br />

Camrose –<br />

Drumheller<br />

Calgary<br />

Banff-Jasper-Rocky<br />

Mounta<strong>in</strong> House<br />

Red Deer<br />

Edmonton<br />

Athabasca –<br />

Grande Prairie-<br />

Peace River<br />

Wood Buffalo-Cold<br />

Lake<br />

1998 8 5.1 9.2 6.9 6.7 7.6 5.2 7.7<br />

1999 9.6 9.2 7.2 4.1 6.9 7.5 9.7 4.7<br />

2000 8.1 9.1 7.2 4.3 5.8 7.7 9.5 2.5<br />

2001 7.2 6.7 7.6 4.4 7.6 7.5 8.2 2.1<br />

2002 9.2 10.1 8.7 5.3 8.8 7.2 9.4 2.6<br />

2003 8.5 4.2 6.7 7.0 10.0 5.9 5.2 3.6<br />

2004 7.1 4.7 6.3 4.5 6.9 5.9 4.7 4.6<br />

2005 5.8 2.9 4.9 4.4 6.7 4.7 3.5 5.3<br />

2006 3.4 2.2 3.1 1.5 2.8 2.4 1.5 2.0<br />

2007 1.9 1.6 1.9 1.0 2.2 1.4 1.2 1.2<br />

2008 2.1 0.7 1.7 1.3 2.1 1.3 1.8 2.3<br />

2009 0.5 0.8 1.6 1.0 1.9 1.2 2.5 3.6<br />

Source: Office <strong>of</strong> the Super<strong>in</strong>tendent <strong>of</strong> Bankruptcies<br />

In summary, from a theoretical perspective it seems unlikely that there would be significant<br />

impacts on a region’s general economic <strong>in</strong>dices as a result <strong>of</strong> cas<strong>in</strong>o <strong>in</strong>troduction <strong>in</strong> that region.<br />

Furthermore, from an empirical perspective, no significant differences were found. There are<br />

slightly greater <strong>in</strong>creases <strong>in</strong> regional employment levels subsequent to cas<strong>in</strong>o <strong>in</strong>troduction<br />

compared to control periods (6.6% versus 5.7%), as well as <strong>in</strong> total number <strong>of</strong> bus<strong>in</strong>esses (5.7%<br />

206

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