Economics Professor Dave Gulley is available to comment on the economic impact of Governor Deval Patrick signing gambling legislation into law today. Professor Gulley believes:

·         The introduction of casino gambling and slots betting may have a negative effect on state lottery revenues as there is some degree of substitution between the two forms of gambling. 

·         However, the licensing fees and revenue from the casinos may increase revenue to the state.

To speak specifics with Dave Gulley: 508-748-9760