{"title":"Sports betting cannibalization: Evidence from Pennsylvania","authors":"Joseph D. Nedved, Amir B. Ferreira Neto","doi":"10.1016/j.econlet.2024.112031","DOIUrl":null,"url":null,"abstract":"<div><div>The repeal of the Professional and Amateur Sports Protection Act (PASPA) in 2018 resulted in the rapid introduction of sports betting into many U.S. markets. This study investigates the introduction of sports betting in Pennsylvania. We explore the staggered implementation of sports betting across casinos in Pennsylvania to analyze the impact of sports betting on slot gaming and table gaming. Our results show evidence that there is no short-term effect of sports betting on the revenues generated from slot gaming and tabling gaming demand, however, our results show some evidence of complementarity on the longer-term between sports betting and other gaming options.</div></div>","PeriodicalId":11468,"journal":{"name":"Economics Letters","volume":"245 ","pages":"Article 112031"},"PeriodicalIF":2.1000,"publicationDate":"2024-11-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Economics Letters","FirstCategoryId":"96","ListUrlMain":"https://www.sciencedirect.com/science/article/pii/S0165176524005159","RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q2","JCRName":"ECONOMICS","Score":null,"Total":0}
引用次数: 0
Abstract
The repeal of the Professional and Amateur Sports Protection Act (PASPA) in 2018 resulted in the rapid introduction of sports betting into many U.S. markets. This study investigates the introduction of sports betting in Pennsylvania. We explore the staggered implementation of sports betting across casinos in Pennsylvania to analyze the impact of sports betting on slot gaming and table gaming. Our results show evidence that there is no short-term effect of sports betting on the revenues generated from slot gaming and tabling gaming demand, however, our results show some evidence of complementarity on the longer-term between sports betting and other gaming options.
期刊介绍：
Many economists today are concerned by the proliferation of journals and the concomitant labyrinth of research to be conquered in order to reach the specific information they require. To combat this tendency, Economics Letters has been conceived and designed outside the realm of the traditional economics journal. As a Letters Journal, it consists of concise communications (letters) that provide a means of rapid and efficient dissemination of new results, models and methods in all fields of economic research.
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