Journal Article

Sport and Gambling

David Forrest and Robert Simmons

in Oxford Review of Economic Policy

Published on behalf of The Oxford Review of Economic Policy Ltd

Volume 19, issue 4, pages 598-611
Published in print December 2003 | ISSN: 0266-903X
Published online December 2003 | e-ISSN: 1460-2121 | DOI: http://dx.doi.org/10.1093/oxrep/19.4.598
Sport and Gambling

More Like This

Show all results sharing these subjects:

  • Economic Development and Growth
  • Public Economics
  • Political Economy
  • Public Policy

GO

Show Summary Details

Preview

We review the relationships between gambling and sport. British sports and sports infrastructure have benefited considerably from funding through the National Lottery. We argue that there is an implicit sports tax on lottery products and that this policy may be neither efficient nor equitable. We suggest that further research, employing contingent valuation methodology, would be required before any firm conclusion could be made over whether the spending facilitated by the tax represents an efficient allocation of resources. Betting on events and outcomes in sport, especially team sports, has become a high-growth sector; we explore the potential for sports to capture some of this bettor spending and discuss associated public-policy issues. While sport may extract revenue from betting, there are also costs. We focus especially on betting corruption in sports, developing an expected utility framework to show where the risk of corruption is most likely to arise and what regulatory options are open to sports governing bodies and government.

Journal Article.  0 words. 

Subjects: Economic Development and Growth ; Public Economics ; Political Economy ; Public Policy

Full text: subscription required

How to subscribe Recommend to my Librarian

Users without a subscription are not able to see the full content. Please, subscribe or login to access all content.