State Lotteries and Pari-mutuel Betting
Author :
Publisher :
Page : 64 pages
File Size : 37,60 MB
Release : 1991
Category : Gambling
ISBN :
Author :
Publisher :
Page : 64 pages
File Size : 37,60 MB
Release : 1991
Category : Gambling
ISBN :
Author : United States. Congress. Senate. Committee on Governmental Affairs. Subcommittee on Intergovernmental Relations
Publisher :
Page : 640 pages
File Size : 35,86 MB
Release : 1985
Category : Gambling
ISBN :
Author : Richard McGowan
Publisher : Bloomsbury Publishing USA
Page : 188 pages
File Size : 31,4 MB
Release : 1994-10-30
Category : Business & Economics
ISBN : 0313035695
Lotteries and state-sponsored gambling is big business. This is the first study that evaluates the business strategies of state lotteries on two fronts. First, it examines which of the lottery strategies produces the most consistent source of revenue for the state. Second, it analyzes possible overall gambling strategies that states will need to utilize as they seek to expand gambling revenue. This is must reading for those operating lotteries, state legislators, vendors to state lottery commissions, taxpayers, and scholars in public policy and government. The whole question of state-sponsored gambling is explored, integrating both the business and policy strategies of operating a state lottery. Initially, gambling and lotteries were introduced into the public policy process in times of social unrest, brought on by the outbreak of war. Since regular sources of governmental revenue were diverted to the war effort, proceeds from gambling activites were used to finance the building of roads, canals, and schools. An Ethics of Tolerance also had to evolve in order to engender the public's acceptance of lotteries and gambling. Today, states are using gambling revenues to support education, public transportation, and aid to local towns and cities. Hence, gambling revenues must be maintained or increased. States now must decide whether they should introduce other gambling initiatives, possibly cannibalizing their existing activities in the process. The basic question, of whether it is actually possible for a state to establish an overall gambling strategy, is explored by an analysis of the gambling policies of Massachusetts and Pennsylvania. The future of gambling in the United States, as states move beyond lotteries to sanctioning casino gambling by private entrepreneurs, concludes this most relevant and provocative book.
Author : Donald B. Hausch
Publisher : Elsevier
Page : 561 pages
File Size : 30,82 MB
Release : 2011-08-11
Category : Business & Economics
ISBN : 0080559956
Its basic empirical research and investigation of pure theories of investment in the sports and lottery markets make this volume a winner. These markets are simpler to study than traditional financial markets, and their expected values and outcomes are uncomplicated. By means of new overviews of scholarship on the industry side of racetrack and other betting markets to betting exchanges and market efficiencies, contributors consider a variety of sports in countries around the world. The result is not only superior information about market forecasting, but macro- and micro-analyses that are relevant to other markets. - Easily studied sports markets reveal features relevant for more complex traditional financial markets - Significant coverage of sports from racing to jai alai - New studies of betting exchanges and Internet wagering markets
Author :
Publisher :
Page : 48 pages
File Size : 34,21 MB
Release : 1996
Category : Occupations
ISBN :
Author : Rod L. Evans
Publisher : Open Court Publishing
Page : 482 pages
File Size : 39,17 MB
Release : 1998
Category : Games & Activities
ISBN : 9780812693546
Forty-eight states now permit legalized gambling in some form, thirty-seven states run lotteries, forty-seven allow bingo houses, and more than a dozen states permit betting on dog races. American gamblers wager over $300 billion yearly in legal gambling. Although many Americans enjoy gambling and see it as harmless recreation and a fairly painless way to generate revenue without levying direct taxes, many social conservatives see gambling as a socially destructive temptation that ought notto be indulged by private citizens, much less sponsored by government. Recently, economic pressures resulting from less federal revenue and Americans' growing aversion to tax increases have led many state governments to liberalize gambling laws or sponsor gambling, sparking a lively debate. Legalized Gambling contains twenty articles focusing on different aspects of gambling policy by experts in the fields of public policy, law, psychiatry, rhetoric, religion, economics, and politics. The contributors address all areas of the debate, including the following: -- What moral issues are at the center of the debate? -- What are the true economic costs and benefits of legalized gambling? How are they often hidden or misconstrued in order to support either prohibition or legalization? -- How has the history of gambling in America shaped our current policies? -- Is governmental regulation an invasion of personal privacy? -- What are the legitimate uses of laws? -- Is "pathological gambling" a justifiable medical diagnosis? -- Do gambling establishments run by Native Americans deserve special consideration or regulation? "(In a lottery) ... the tax is laid on the willing only, that is to say, on those who can risk the price of a ticket without sensible injury for the possibility of a higher prize". -- Thomas Jefferson
Author : Jennifer Herman
Publisher : State History Publications
Page : 1487 pages
File Size : 35,34 MB
Release : 2008-01-01
Category : History
ISBN : 1878592610
A concise encyclopedia of Wisconsin history, government, and politics.
Author : Leighton Vaughan Williams
Publisher : Oxford University Press
Page : 740 pages
File Size : 22,10 MB
Release : 2013-11-12
Category : Business & Economics
ISBN : 019937662X
There is growing interest among academics and policymakers in the economics of gambling, which has been stimulated by major regulatory and tax changes in the U.S., U.K. Continental Europe, Asia, Australia and elsewhere. Unfortunately, there is no comprehensive source of path-breaking research on this topic. To fill this gap, we commissioned chapters from leading economists on all aspects of gambling research. Topics covered include the optimal taxation structure for various forms of gambling, factors influencing the demand and supply of gambling services, forecasting of gambling trends, regulation of gambling, the efficiency of racetrack and sports betting markets, gambling prevalence and behavior, modeling the demand for gambling services, the economic impact of gambling, substitution and complementarities among different types of gambling activity, and the relationship between gambling and other sectors of the economy. These are all important issues, with significant global implications. Specifically, we divide the Handbook into sections on casinos, sports betting, horserace betting, betting strategy, motivation, behavior and decision-making in betting markets, prediction markets and political betting, and lotteries and gambling machines
Author :
Publisher :
Page : 1014 pages
File Size : 32,45 MB
Release : 1999
Category : Wisconsin
ISBN :
Author : Bill Jones
Publisher : DIANE Publishing
Page : 140 pages
File Size : 15,53 MB
Release : 2001
Category : Political Science
ISBN : 9780788182501
The California initiative process, established in 1911, provides the people a mechanism to propose statutory revisions and constitutional amendments, and to adopt or reject those proposed. This historical study of proposed initiatives in California from 1912 through Aug. 1998 are included in both chronological order and by subject matter. This study also lists the ballot measures that have been approved by voters, it cites the most popular initiatives of recent years, and it groups together proposed initiative measures by the year in which they received a title and summary, thus entering into circulation.