Browsing: Betting
Last but not least, another unique feature associated with the practice in Asian casino gaming markets is the relatively high…
Despite the conceptual robustness of the law of demand (Marshall [1890] 1997, ch. 3; Samuelson and Nordhaus 1995, 24), it…
Although the casino industry argues that it spurs local and regional economic growth by providing high-paying jobs and paying taxes…
Now consider the effect of introducing a tax on this casino game. The most common form of tax applied to…
The operation of betting markets is straightforward, which helps in the analysis of decision-making behavior. Specifically, in a betting market…
Point spread wagering markets parallel financial markets in numerous ways. Both markets are characterized by the presence of rational investors,…
According to Sauer (1998) and Richard E. Quandt (1986), three forms of wagering are prominent in the relevant economic literature:…
Casinos are not the only form of gambling that governments tax. Consequently, we must consider the ways in which taxation…
Despite the explicit social benefits, the social costs of casino gaming have long been the most crucial aspect arguing against…
David Forrest of the University of Salford and O. David Gulley of Bentley University examine the efficiency of lottery markets.…
