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On May 14, 2018, the United States Supreme Court struck down the federal prohibition on sports gambling. The sweeping … gambling and therefore, sports betting was confined almost entirely to illegal underground markets. Indeed, the sports betting … prohibition is largely responsible for the growth of the illegal sports gambling market, which is now one of America's 20 largest …
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states monopolies and oligopolies concerning gambling and sports betting will have to comply with these new developments … examine whether a restrictive measure, imposed by a member state in order to regulate gambling, is valid. As a result member …
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This paper addresses findings from previous asset pricing research that reveal lottery-like stocks are mispriced. This conclusion, however, relies on asset pricing models which might suffer from the joint hypothesis problem: That is, abnormal returns can reflect market inefficiencies, a bad...
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Research on sports betting often identifies biased evaluation by bookmakers and corresponding opportunities for …
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