Exploring The Gambling Industry's Economic Peculiarities

By Roland Eisenhuth (May 31, 2018, 2:08 PM EDT) -- The U.S. gambling industry has experienced accelerated growth in recent years, and the anticipated legalization of sports betting in over 20 states[1] is expected to add billions of dollars to U.S. gambling revenue. At the same time, mergers and acquisitions in the growing gambling industry have attracted the attention of the Federal Trade Commission. As understanding the economics of the gambling industry is more important than ever, it is an opportune time to discuss some of the methodological challenges that come with it....

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