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Author: United States. Internal Revenue Service
Publisher:
ISBN:
Category : Internal revenue
Languages : en
Pages : 498
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Book Description
Author: United States. Internal Revenue Service
Publisher:
ISBN:
Category : Internal revenue
Languages : en
Pages : 498
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Book Description
Author: United States. Internal Revenue Service
Publisher:
ISBN:
Category : Internal revenue
Languages : en
Pages : 868
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Book Description
Author: Plácido Rodríguez
Publisher: Edward Elgar Publishing
ISBN: 1785364553
Category : Business & Economics
Languages : en
Pages : 213
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Book Description
This unique book delves into a number of intriguing issues and addresses several pertinent questions including, should gambling markets be privatized? Is the ‘hot hand’ hypothesis real or a myth? Are the ‘many’ smarter than the ‘few’ in estimating betting odds? How are prices set in fixed odds betting markets? The book also explores the informational efficiency of betting markets and the prevalence of corruption and illegal betting in sports.
Author: United States. Office of Internal Revenue
Publisher:
ISBN:
Category : Internal revenue
Languages : en
Pages : 874
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Book Description
Author: United States. Internal Revenue Service
Publisher:
ISBN:
Category :
Languages : en
Pages : 152
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Book Description
Author: Rod L. Evans
Publisher: Open Court Publishing
ISBN: 9780812693546
Category : Games & Activities
Languages : en
Pages : 482
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Book Description
Forty-eight states now permit legalized gambling in some form, thirty-seven states run lotteries, forty-seven allow bingo houses, and more than a dozen states permit betting on dog races. American gamblers wager over $300 billion yearly in legal gambling. Although many Americans enjoy gambling and see it as harmless recreation and a fairly painless way to generate revenue without levying direct taxes, many social conservatives see gambling as a socially destructive temptation that ought notto be indulged by private citizens, much less sponsored by government. Recently, economic pressures resulting from less federal revenue and Americans' growing aversion to tax increases have led many state governments to liberalize gambling laws or sponsor gambling, sparking a lively debate. Legalized Gambling contains twenty articles focusing on different aspects of gambling policy by experts in the fields of public policy, law, psychiatry, rhetoric, religion, economics, and politics. The contributors address all areas of the debate, including the following: -- What moral issues are at the center of the debate? -- What are the true economic costs and benefits of legalized gambling? How are they often hidden or misconstrued in order to support either prohibition or legalization? -- How has the history of gambling in America shaped our current policies? -- Is governmental regulation an invasion of personal privacy? -- What are the legitimate uses of laws? -- Is "pathological gambling" a justifiable medical diagnosis? -- Do gambling establishments run by Native Americans deserve special consideration or regulation? "(In a lottery) ... the tax is laid on the willing only, that is to say, on those who can risk the price of a ticket without sensible injury for the possibility of a higher prize". -- Thomas Jefferson
Author: Leighton Vaughan Williams
Publisher: Cambridge University Press
ISBN: 1139445405
Category : Business & Economics
Languages : en
Pages : 412
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Book Description
The degree to which markets incorporate information is one of the most important questions facing economists today. This book provides a fascinating study of the existence and extent of information efficiency in financial markets, with a special focus on betting markets. Betting markets are selected for study because they incorporate features highly appropriate to a study of information efficiency, in particular the fact that each bet has a well-defined end point at which its value becomes certain. Using international examples, this book reviews and analyses the issue of information efficiency in both financial and betting markets. Part I is an extensive survey of the existing literature, while Part II presents a range of readings by leading academics. Insights gained from the book will interest students of financial economics, financial market analysts, mathematicians and statisticians, and all those with a special interest in finance or gambling.
Author: Becky Harris
Publisher: Human Kinetics
ISBN: 1718217242
Category : Games & Activities
Languages : en
Pages : 274
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Book Description
With the repeal of the Professional and Amateur Sports Protection Act in 2018, regulated sports betting has exploded in the United States, with more than half the states adopting legalized sports betting and many more poised for business. As a result, career opportunities with sportsbook operators and venues; sport leagues, teams, and sponsors; and gaming regulatory agencies abound for today’s students. The arrival of The Business of Sports Betting introduces the first dedicated text—written by a team of academic faculty and internationally recognized experts in the field—covering every aspect of the sports betting industry. It begins with a historical overview of sports betting and key legislation that has led to legalized betting today. Included are the various types of wagers available to bettors, the sports in which betting can take place, and the industry’s major stakeholders. Next, readers will examine the multiple layers of sports betting regulations in the United States and the interplay between federal laws, state authorization, and tribal governance. Regulatory frameworks in the United States, United Kingdom, and Canada are covered, as well as compliance focal points addressing anti–money laundering regulations, placement of wagers, and the Bank Secrecy Act. The book then warns of the negative aspects of the business, such as illegal sports betting, gambling scandals, and match fixing; the risks associated with illegal betting; and harm from problem gambling. To combat these risks, guidelines are presented for protecting against illegal gambling, minimizing potential harms, and ensuring integrity in sports betting. Next, students learn the how-tos of establishing, operating, and marketing a sportsbook. Traditional brick-and-mortar sportsbooks are discussed in detail, including the many facility management considerations that come with operating and maintaining a physical venue. Students also learn about the various mobile sportsbooks available today (including websites, kiosks, and phone apps), how they operate, and their connection to and interaction with physical sportsbooks. In addition, the authors present marketing and advertising strategies for acquiring customers and forging relationships with teams, leagues, and sportsbooks. Special attention is given to the American Gaming Association’s Responsible Marketing Code for Sports Wagering and its compliance considerations for sportsbook operators. Sports wagering is a data-driven business, and students will see how data are generated and transmitted to sportsbook operators. Managing and protecting that data is paramount to competitive advantage, and students will learn about intellectual property protections granted to sportsbook operators. Additionally, the book discusses the proliferation and potential positive and negative impacts of gamification and virtual currencies in sports betting. Chapters are punctuated with supplemental sidebars and case studies providing real-life examples of the positive and negative impacts of sports betting. The Business of Sports Betting offers a comprehensive introduction to the nuances of the sports betting industry, including the key players, regulatory environment, marketing and technology drivers, and business operations of a sportsbook.
Author: University of California, Berkeley. Institute of Governmental Studies. Library
Publisher:
ISBN:
Category : Public administration
Languages : en
Pages : 1036
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Book Description
Author: Anthony Cabot
Publisher: Gambling Studies
ISBN: 9781939546128
Category : Games & Activities
Languages : en
Pages : 0
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Book Description
Whether by court decision or legislative change, gambling's next expansion in the United States will be sports wagering. However, state and federal policymakers and regulators have limited experience in addressing the many issues that are presented by regulated sports wagering. The challenges they will face are complicated by the fact that sports betting is a global industry encompassing both legal and illegal markets. This book first provides a detailed explanation of the scope and economics of the sports wagering industry and a description of how sportsbooks operate. It then describes the evolving legal landscape for sports wagering in the U.S., culminating in the Supreme Court case that considered New Jersey's challenge to the federal law that has limited sports betting to the state of Nevada. With this foundation, the book turns to an examination of the range of issues that legislators and regulators must consider in establishing regulated sports wagering, such as the need to protect the integrity of sporting events from corruption by criminal elements. Other important topics discussed include the level of regulation needed for sportsbook operators, the proper role of the federal and state governments, taxation, international cooperation, preventing illegal wagering, the role of data collection and analysis, and how to maximize innovation and patron engagement. Legalization is only the beginning of the journey of offering sports betting in the U.S. The authors offer guidance to policymakers as they take up the daunting task of building a regulatory structure for sports wagering. As the book illustrates, the decisions made on how to regulate sports betting will go a long way toward determining the success of this popular form of gambling.
