University of Tirana

Fakulty of Economics
Master of Science in Accounting and Audit

Topic: Casino Gambling as an Economic Development Strategy

Worked by:
Esmeralda Jaupaj
Nazarela Shpata
Xhesika Sula

Accepted by: Dr. Jolta Kacani

4 QUESTIONS OF OUR THEME
1) WHAT ?
 Gambling is when people risk money or anything of value to predict the
outcome of a game involving chance, if you predict the outcome correctly,
you win money, if you're wrong, you lose the money you gambled.
 Casinos don’t need “fixed” dimes, the way the casino makes its profit is by
paying you winnings that are lower than the odds that would make a game
break-even.

2) WHY ?
 Along with service providers, governments receive tax from the income of
gamblers. Governments worldwide can invest in social welfare projects
through taxes on the gambling industry.
 Even other industries benefit from it during the casino openingperiod such
as: tourism, retail trade , finance, insurance, real estate and construction,
 A growth of employment is stimulated by the casinos

3) HOW ?
 Governments allow establishments and developers to sell their products or
services under the country's territory, in response, the government expects
some portion of overall revenue from the developers(tax revenues).
 Casinos organise events for gamblers all around the world, these events and
festive preparations give rise to tourism in the country.
 Any legal industry in a community comes with job opportunities,hotels need
staff, and casinos require help, operators, estate holders, dealers, etc., have
gained employment through the gambling industry.
 4) WHERE ?
 The first casino is invented in Italy and from Italy it spread across Europe,
after that gambling spread modernized and became legal.
 Closer to urban markets and better infrastructure(roads, rail, and airports)
result in greater impacts.

Employment

Tourism
Real estate and
construction Deposit

Impacts on others

Benefits Gambling

Assests losses

Government
Risk

Bankruptcy Debts