11/13/2025 | News release | Distributed by Public on 11/13/2025 12:03
Jonathan Krutz, professor emeritus for the Department of Marketing, was recently quoted in the New York Times on corporations hoping to open Las Vegas-style casinos in New York City.
The article, "N.Y.C. Casino Bids Promise an Economic Boom. The Reality Might Differ," discusses the substantial tax revenue projected by the corporations seeking casino licenses. Krutz characterizes their potential economic impact as more of a reshuffling.
"They're dressed up as if they're generating revenue that is new to the economy when it simply is not," Krutz said. "Their target audience is then not going to be spending that money buying a used car or a dishwasher or a meal in a restaurant."
The article also links to Krutz's public policy and administration dissertation, "Do Casinos Create Economic Development?: A 15-Year National Analysis of Local Retail Sales and Employment Growth."
Krutz retired from Boise State in 2021 and earned his doctorate in public policy and administration from the university in 2022. He currently serves as Board Chair of the Washington D.C.-based Stop Predatory Gambling Foundation, which advocates for national and state gambling reform.