Browsing: Casino
Casino gambling has grown substantially in recent years in many parts of the world. While an exhaustive review of the…
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…
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…
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,…