Thesis advisor: Father Richard McGowan / In the United States, gambling on sports is a widespread and popular activity. Yet, the extent of that popularity is largely unknown because the practice is illegal, with the exception of a handful of states. To determine the scale of this market, I construct a series panel regression models that explain the size of the legal sports betting market in Australia using continuous macroeconomic and behavioral variables in addition to dummy variables signaling regulatory shifts. Using the relationships between these variables and sports betting expenditure, I will estimate the size of the United States market on a state-by-state basis. After sizing the U.S. market, I will briefly discuss the key finding of the synergistic relationship between sports betting and Internet as well as the inevitable tradeoffs between
the economic benefits and consequences of legalization. / Thesis (BS) — Boston College, 2016. / Submitted to: Boston College. College of Arts and Sciences. / Discipline: Departmental Honors. / Discipline: Economics. / Thesis advisor:
| Identifer | oai:union.ndltd.org:BOSTON/oai:dlib.bc.edu:bc-ir_106759 |
| Date | January 2016 |
| Creators | Bagamery, Jack |
| Publisher | Boston College |
| Source Sets | Boston College |
| Language | English |
| Detected Language | English |
| Type | Text, thesis |
| Format | electronic, application/pdf |
| Rights | Copyright is held by the author, with all rights reserved, unless otherwise noted. |
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