PublisherThe University of Arizona.
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AbstractOn 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.
Degree ProgramBusiness Economics