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Indices-based Approach for Forecasting Gambling Expenditure - Technical Paper

Released in January 2009, this technical paper titled Development of an Indices-based Approach for Forecasting Gambling Expenditure at a Local Government Area level, develops an index for forecasting gambling expenditure at the Local Government Area (LGA) level.

Analysis of patterns of Electronic Gaming Machine (EGM) expenditure at LGA level assists policy makers and government to understand the nature of gaming consumption when mapped with movements in socio-economic status and population growth. The purpose of this paper is the development of a simple model for forecasting the impact on changes that EGM numbers, population growth and changes in socio-economic status have on per capita gambling expenditure for LGAs in Victoria.

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Author:	Dr Neil Diamond of the Department of Econometrics and Business Statistics Consulting Service of Monash University, Victoria
Place of Publication:	Melbourne
Publisher:	Department of justice
Date of Publication:	January 2009
Number of Pages:	30
Copyright:	State of Victoria 2009