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high speed internet access. The increasing recognition of esports in North America as a legitimate force in the sporting … Counter-Strike: Global-Offensive (CS:GO) to fuel an abundance of different gambling options, ranging from esports sportsbook … raises an important question: Does the skins betting industry violate federal or state gambling laws. The question has become …
Persistent link: https://www.econbiz.de/10012853673
— attempt to encourage savings by appealing to households' gambling preferences. I introduce new data on casino cash withdrawals … to measure gambling, and examine how individual gambling expenditures respond to the introduction of PLS in Nebraska … gambling by at least 3% more than unaffected individuals. The substitution effect is stronger in low-frills gambling …
Persistent link: https://www.econbiz.de/10012856473
Cities” across states and the internet. Key takeaways: (1) Increased competition in the gambling industry is a catalyst for …When it comes to gambling taxes, house rules apply. State governments have the prerogative to decide whether to allow … lotteries or casinos to operate in their states. This chapter explores the expansion of legal gambling in the United States …
Persistent link: https://www.econbiz.de/10012919953
In this paper, I examine market efficiency in the National Football League betting market. In the point spread market, sportsbooks appear to underestimate the abilities of the home team as they are more likely to cover the spread when they are substantial underdogs and when the home team has not...
Persistent link: https://www.econbiz.de/10012933095
This paper examines the recency bias and overreaction in the NFL betting market from 2003 to 2017. Consistent with the recency bias, bettors are more likely to bet on teams who have won previous outcomes. We add to the literature and find that the magnitude of prior wins and losses in the...
Persistent link: https://www.econbiz.de/10013223284
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 …
Persistent link: https://www.econbiz.de/10013289577
The support of home spectators is one of the contributing factors to the home advantage effect in sports matches. The Covid-19 pandemic led to European soccer matches being played without spectators. We show that betting markets adjusted swiftly to account for a reduced home advantage in both...
Persistent link: https://www.econbiz.de/10013191361
gambling are relevant for the locations of German casinos. For our empirical analysis we use location and tourism indicators … states. This is inconsistent, however, with the objectives of the State Treaty, which is to provide legal gambling …
Persistent link: https://www.econbiz.de/10012887811
We explore the relationship between gambling and other forms of risk-taking behaviour, i.e. exposure to debt and the … Expenditure and Food Surveys (EFS), 2001 to 2007. Gambling and the use of credit are shown to be positively correlated at the … household level. While both the incidence and amount of gambling vary according to household income, the positive association …
Persistent link: https://www.econbiz.de/10013146840
seen as an unbiased random allocation method or, possibly, an act of gambling. How might this ancient, biblical practice … the Bible, particularly on the question of whether casting lots was a form of gambling. The authors then compare the … neither practice may fairly be defined as “gambling” of the kind forbidden by different Christian traditions. The authors …
Persistent link: https://www.econbiz.de/10013244788