EconPapers    
Economics at your fingertips  
 

Household gambling expenditures and the Irish recession

John Eakins ()

International Gambling Studies, 2016, vol. 16, issue 2, 211-230

Abstract: This article examines the determinants of household gambling expenditures in Ireland and the effects of the recession on these expenditures using a large micro data-set, the Irish Household Budget Survey (HBS). Two gambling expenditures are examined, bookmaker tote betting and spending on the national lottery. Households with an older and a less educated head of household participate in and spend more on both forms of gambling while the presence of children in the households tends to reduce participation and spending in gambling. There is also evidence to suggest that households with an unemployed head of household have a higher likelihood of participation in gambling. The recession has affected the two forms of gambling in different ways. Lottery expenditures appear resilient to the effects of the recession. This is demonstrated in the estimated expenditure elasticities in particular. Bookmaker/tote expenditures have changed from a necessity to a luxury good, while lottery expenditures have increased in their necessity status. This can be explained by the fact that playing the lottery requires less time, knowledge and risk and has potentially greater benefits attached to it in comparison to bookmaker/tote betting. During a recession these factors become much more prevalent.

Date: 2016
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1) Track citations by RSS feed

Downloads: (external link)
http://hdl.handle.net/10.1080/14459795.2016.1157698 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:taf:intgms:v:16:y:2016:i:2:p:211-230

Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/RIGS20

DOI: 10.1080/14459795.2016.1157698

Access Statistics for this article

International Gambling Studies is currently edited by Katie Donnelly, David Marshall, Bronwyn Stuart, Alex Blaszczynski and Jan McMillen

More articles in International Gambling Studies from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().

 
Page updated 2020-10-09
Handle: RePEc:taf:intgms:v:16:y:2016:i:2:p:211-230