Check out just a few of the articles on this topic of the relationship of bankruptcies to the housing and banking sector.
http://129.3.20.41/eps/mac/papers/0209/0209010.pdf
http://papers.ssrn.com/sol3/papers.cfm?abstract_id=510602
Christiansen, Eugene Martin, Gambling and the American Economy Annals of the American Academy of Political and Social Science, Vol. 556, Gambling: Socioeconomic Impacts and Public Policy (Mar., 1998), pp. 36-52 Marks, Alexandria, "Youth Gambling on the Rise"-, http://www.ocregister.com/ocr/sections/health_family/family/article_479947.php Kearny, Melissa, "Economic Winners and Losers of Legalized Gambling"-, http://papers.ssrn.com/sol3/papers.cfm?abstract_id=693095(Note: You can view every article as one long page if you sign up as an Advocate Member, or higher).



