Date of Graduation
5-2024
Document Type
Thesis
Degree Name
Bachelor of Science in Business Administration
Degree Level
Undergraduate
Department
Finance
Advisor/Mentor
Cummings, Shaughan
Abstract
With the recent legalization of sports gambling, it has become a popular spectacle among sports fans and financial analysts pursuing an understanding of it. This thesis dives into the meticulous relationship between sports gambling and economic factors/financial market relations using academic literature to understand the relationship.
The thesis explores sports gambling from an economic standpoint using incentives to understand the market participants and economic advantages and disadvantages. It also uses academic literature and analytics to make a case for market efficiency while also delving into particular inefficiencies.
Furthermore, this thesis uses characteristics of the stock market in comparison of the sports betting market to obtain a better understanding in how they are similar and different. It also includes market projections along with a financial analysis of both industries.
Lastly, this thesis pursues an understanding of the economic factors and financial market relations to sports gambling in order to provide useful information for future bettors and investors.
Keywords
behavioral finance; sports gambling; economic incentives; market projections
Citation
Bassham, J. (2024). The Economics Behind the Legalization of Sports Gambling and Financial Market Relations. Finance Undergraduate Honors Theses Retrieved from https://scholarworks.uark.edu/finnuht/132
