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What Are The Odds: Evidence from Ohio on the Relationship Between Online Lottery Games & Online Sports Betting

Keswani, Heervansh Manish

Abstract Details

2024, Master of Arts, Miami University, Economics.
Lotteries are an established source of revenue for state governments across the US. Following the 2018 SCOTUS ruling that allowed states to legalize sports betting, several states seized the opportunity to create an additional source of revenue via its legalization and regulation. I exploit the staggered nature with which different states implemented their respective legislation to analyze associated impacts on online lottery activity in Ohio, where neighboring Michigan, Indiana, Pennsylvania and West Virginia all legalized sports betting before the Buckeye state. Leveraging a rich dataset of online lottery transactions and a variety of difference-in-difference specifications, I study the impact of having the option of legal online sports betting on online lottery activity in Ohio. I present cross-sectional and time-series models to analyze my predicted effects, finding mixed interactions between online lottery games and the availability of online sports betting. Overall, my results suggest that the relationship between the two gambling “products” is driven by several other factors, observed and unobserved, beyond simply proximity to a jurisdiction where an individual enjoys a choice between online sports betting and online lottery games.
Charles Moul (Advisor)
Peter Nencka (Committee Member)
Mark Tremblay (Committee Member)
51 p.

Recommended Citations

Citations

  • Keswani, H. M. (2024). What Are The Odds: Evidence from Ohio on the Relationship Between Online Lottery Games & Online Sports Betting [Master's thesis, Miami University]. OhioLINK Electronic Theses and Dissertations Center. http://rave.ohiolink.edu/etdc/view?acc_num=miami1721820866278321

    APA Style (7th edition)

  • Keswani, Heervansh. What Are The Odds: Evidence from Ohio on the Relationship Between Online Lottery Games & Online Sports Betting . 2024. Miami University, Master's thesis. OhioLINK Electronic Theses and Dissertations Center, http://rave.ohiolink.edu/etdc/view?acc_num=miami1721820866278321.

    MLA Style (8th edition)

  • Keswani, Heervansh. "What Are The Odds: Evidence from Ohio on the Relationship Between Online Lottery Games & Online Sports Betting ." Master's thesis, Miami University, 2024. http://rave.ohiolink.edu/etdc/view?acc_num=miami1721820866278321

    Chicago Manual of Style (17th edition)