Browsing: Betting
Although the casino industry argues that it spurs local and regional economic growth by providing high-paying jobs and paying taxes…
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:…
Now consider the effect of introducing a tax on this casino game. The most common form of tax applied to…
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.…
Over the past twenty years, gambling has become a growth industry in the United States, the United Kingdom, Canada, Australia,…
The first set of regression results uses the number of bets placed on each game as the dependent variable in…