the wealth effect of higher realized returns will increase gambling (enter-tainment good), but also attract gamblers to … (thrill and skewed payouts), butalso curtail gambling in response to growing economic uncertainty. Utilizing a novel horse wa … corporate bond spreads as a proxy for business cycles, we find gam-bling expenditures rise during recessions. Price of wagering …

We examine the impact of stock market wealth and business cycles on gambling. Rising stock market wealth is expected to … increase expenditures on entertainment goods, including gambling. Conversely, rising volatility is expected to draw betting … outlays to the stock markets. Gambling is also expected to rise during recessions. Utilizing a novel horse wagering data and a …

) appetite. Changes in the volume spent on the most lottery-like gambling wallet explain a significant portion (32%) of variation … coincides with a significant decrease in the proportion of Bitcoin transactions involved in gambling and aligns with other work …

Using Internet search volume for lottery to capture gambling sentiment shifts, we show that when the overall gambling …-ownership firms, headquartered in regions where gambling is more acceptable and local bias is stronger. These results support the view … that gambling sentiment has a spillover effect on the stock market …

I discover that investors' preferences for gambling mainly involve stocks that have performed poorly in the past three …