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Gaming In The New Market Environment

Gaming In The New Market Environment

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  • ISBN:9780230500501
  • Editorial: Palgrave
  • Fecha de la edición:
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  • Dimensiones: 0 cm x 0 cm
  • Nº Pág.:256
  • Idiomas:Ingles,Inglés

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In the past decade gaming markets have evolved rapidly. Spearheading this change has been the internet, which has enabled cross-border gambling on an unprecedented scale. State-owned lottery companies have legal monopolies in almost all countries, but the increase in cross-border gambling trade places them in a difficult position.

This book presents the key issues in the gaming debate, including: taxation of lotteries; welfare and fiscal considerations; potential changes to market structure if restrictions on cross-border gambling are removed; and public policy concerns. A host of international contributors examine the economics of gambling in detail, offering a theoretical and empirical basis from which a discussion on the role of government in regulation, taxation, and production of gambling services can take place.

This volume explores the changing landscape of the gaming market and is a crucial companion for scholars and policymakers looking for informed discussion on the future of gaming.

List of Tables
List of Figures
Acknowledgements
List of Contributors
Ch. 1 Introduction 1
Ch. 2 When Welfare Economics and Gambling Studies Collide 23
Ch. 3 Demand Issues in the Market for Lotto and Similar Games 54
Ch. 4 Lottery Design Lessons from the Dismal Science 75
Ch. 5 Lotteries as a Source of Revenue 99
Ch. 6 Problem Gambling and European Lotteries 126
Ch. 7 The Economics of Scale and Scope in the Lottery Industry 160
Ch. 8 The Political Economy of Regulating Gambling 184
References 209

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