Abstract
Beginning in the late 1980s, casinos became a favoured neoliberal economic development strategy for cash-strapped states and municipalities. During the same time period, the political power and profitability of the gaming industry increased, while opposition from communities grew. A recent example of this phenomenon is the controversy that ensued after Pennsylvania’s legalization of slot machines and the subsequent selection of two casino sites in Philadelphia. Our study analyses the Philadelphia casino controversy using a critical case study approach and the theoretical framework of accumulation by dispossession.We argue that the situation in Philadelphia represents attempted value extraction by corporate and government elites from communities and citizens. Moreover, the nature of the value extraction goes beyond the economic, impinging on the social dimensions of community life.
