THE ECONOMIC IMPACT OF LEGALIZED SPORTS GAMBLING
Publisher
The University of Arizona.Rights
Copyright © is held by the author. Digital access to this material is made possible by the University Libraries, University of Arizona. Further transmission, reproduction or presentation (such as public display or performance) of protected items is prohibited except with permission of the author.Abstract
On May 14th, 2018, the Supreme Court struck down the Professional and Amateur Sports Protection Act, allowing states the ability to legalize sports gambling. Since then, states have slowly begun to legalize sports betting, with New Jersey leading the charge. This paper will analyze the economic impact of this new legislation on the United States. Projected effects will be examined and compared to early reports from the states that have already legalized sports gambling. New Jersey will serve as a case study to illustrate how extreme the economic impact can be. Other states will also be examined in order to give a wide array of perspectives on both sides of the issue. Mobile betting and its future across the country will be discussed using data from multiple states. Survey results from over 500 respondents will be analyzed to determined what kind of psychological effect legalizing sports betting has had on people, and what kind of economic repercussions this might lead to.Type
Electronic Thesistext
Degree Name
B.S.B.A.Degree Level
bachelorsDegree Program
Business EconomicsHonors College