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Preliminary study shows link between gambling, bankruptcy

Wednesday, March 30, 2005 | 9:12 a.m.

DES MOINES, Iowa -- Counties with casinos have more bankruptcies, according to preliminary findings of a study that looks at the impact of gambling on Iowans.

The University of Northern Iowa study was commissioned by the Legislature last year as lawmakers considered expanding the number of casinos in the state.

The study, presented to lawmakers on Monday, shows there are more bankruptcies in counties that have casinos than in comparable counties that don't have gambling.

The report also the 10 counties that have gambling also have more crime, but authors of the study say they aren't ready to say crime is worse because of gambling and that further study is needed.

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