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The United States employs an ad hoc, unconventional method of regulating sports betting, banning it almost everywhere while granting a monopoly to firms in a single state, Nevada. This approach encourages illegal sports betting markets, ignores negative externalities, and generates welfare...
Persistent link: https://www.econbiz.de/10012943130
of antitrust rules and principles to various business activities connected to sport, such as the sale of tickets or the … distinctive features of professional sport and its structures, which all too easily can be misunderstood as regulatory “monopolies … interest of sport. There are, however, important differences between both jurisdictions, primarily in terms of enforcement and …
Persistent link: https://www.econbiz.de/10014083289
world largest tourism destination. To estimate this empirically we run an augmented gravity equation. Our results give … positive effects on the tourism flows between these countries. In particular, after controlling for a set of geographic …
Persistent link: https://www.econbiz.de/10010263883
This paper investigated the causal relationship between tourism revenue and gross domestic product (GDP) using the … countries). Results indicated bidirectional causality in Europe between tourism revenue (TR) and gross domestic product (GDP …). Findings showed that there is a unidirectional causality in America, Latin America & Caribbean and World from GDP to tourism …
Persistent link: https://www.econbiz.de/10009701762
economy by severely inhibiting tourism to the United States. Many sectors of the American economy are heavily dependent on …
Persistent link: https://www.econbiz.de/10013046866
Purpose – This paper provides a comparative analysis of two coastal tourism resorts: Galveston, Texas, USA and Opatija …, Croatia. Both destinations have a history of tourism but have also experienced numerous challenges and setbacks, including war … a phase of rejuvenation in the Tourism Area Life Cycle. In the case of Galveston, tourism development began in the late …
Persistent link: https://www.econbiz.de/10014156030
tourism flows to the United States. The study uses annual data from 1986 to 2011 for tourist arrivals from 50 major countries …. The results suggest that tourism demand to the United States must be considered as a luxury good and is highly dependent … tourism demand is elastic with respect to income but inelastic with respect to tourism price, real exchange rate, and travel …
Persistent link: https://www.econbiz.de/10014164700
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