Lotteries operate today in many countries around the world. This type of gambling is usually
run by governments and is sometimes described as regressive. Lottery is an unfair bet, so …

This chapter surveys the literature on the economics of lotteries and is organized around two
central themes. The first section examines the microeconomic aspects of lotteries, including …

The repeal of the Professional and Amateur Sports Protection Act (PASPA) in 2018 resulted
in the rapid introduction of sports betting into many US markets. This study investigates the …

In economics, cannibalization refers to a process in which a new product or service partly or
completely substitutes for those in existing markets. This systematic review analyses the …

Using data for all the fixtures for the seasons from 1972-73 to 2002-03, we estimate a
dynamic model of demand for football pools in Spain paying attention to the effect of the …

Economists have long been interested in the economicsof betting markets as exemplified by
the excellentsurvey articles by Sauer (1998) and Vaughan Williams (1999). This is perhaps …

This study examines the distributional impact of three types of lottery games operated by the
South Carolina Education Lottery (SCEL). We find significant sales variation by game type …

This paper considers the relationship that exists between two lottery products offered
simultaneously in the same state, a smaller lottery game run by the individual state and a …

Background In a lottery with a progressive jackpot, the rollover effect refers to an increase in
revenue or engagement with an accumulating jackpot size. Using an ecological dataset of …

The continued expansion of the casino industry has caused increasing concern regarding
the cannibalization of other industries, and in particular, state lotteries. For example …