. Following this sentence, a state monopoly in future has to maximize players protection and prevention of pathological gambling …

This paper studies the market for monopolistically supplied sweepstakes. We derive equilibrium demands for fixed …-prize and variable-prize sweepstakes and determine the profit maximizing prize level and payout ratio respectively. It can be …. Moreover, for the variable-prize sweepstake, the supplier will generally find it profitable to combine sweepstakes from two …