Gaming In The New Market Environment

Hardcover | June 17, 2008

byM. Virén

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This book provides an overview of the current state of the gambling industry and evaluates the changes which will come with the new market environment. It examines the pros and cons of increased competition from the perspective of consumer welfare, problem gambling and government revenues.

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This book provides an overview of the current state of the gambling industry and evaluates the changes which will come with the new market environment. It examines the pros and cons of increased competition from the perspective of consumer welfare, problem gambling and government revenues.

MATTI VIREN is Professor of Economics at the University of Turku, Finland.

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Format:HardcoverDimensions:256 pages, 8.5 × 5.51 × 0.03 inPublished:June 17, 2008Publisher:Palgrave Macmillan UKLanguage:English

The following ISBNs are associated with this title:

ISBN - 10:0230500501

ISBN - 13:9780230500501

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Table of Contents

Introduction and Overview: Implications of the New Competitive Environment * Does Increased Gambling Increase Welfare? * Peculiarities in the Demand for Lotto and Other Games * Problem Gambling in a Competitive Markets World * Lotteries and Gaming: Public Policy View * Economics of Scale and Scope in the Lottery Industry * Gambling Revenues: Public Finance Issues * Who Plays Lotto: Implications for Institutional Design and Public Policy