This course deals with the variety of issues surrounding gambling and commercial gaming in the area of public policy, social and economic impacts. Emphasis will be placed on the costs and benefits analysis of gambling in different domains: individual, household, community as well as macro economy. Special attention will be given to the relationship between gambling, political corruption, neighborhood crime and organized crime.

Students will be able to describe the impact of gambling; to articulate the influence of those impact towards public policy, social and economic of the society; to analyse the cost and benefits of different impacts; to discuss the influence of those impacts towards crime rate; to illustrate the implications of each impact respectively.