The Evaluation of Gambling Sector's Social Costs in Lithuania

Result code in IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216305%3A26510%2F20%3APU139585" target="_blank" >RIV/00216305:26510/20:PU139585 - isvavai.cz</a>

Result on the web

<a href="https://inzeko.ktu.lt/index.php/EE/article/view/25951" target="_blank" >https://inzeko.ktu.lt/index.php/EE/article/view/25951</a>

DOI - Digital Object Identifier

<a href="http://dx.doi.org/10.5755/j01.ee.31.5.25951" target="_blank" >10.5755/j01.ee.31.5.25951</a>

Result language

angličtina

Original language name

The Evaluation of Gambling Sector's Social Costs in Lithuania

Original language description

This article analyses the social costs of gambling sector in Lithuania. The aim of the research is to evaluate the change of gambling sector's gambling gross revenue according to the established right to submit a request to self-exclude from gambling since May 1, 2017. The scientific problem of the research is how to define and evaluate gambling sector's social costs. The analysis is conducted by evaluating dependency connection between gambling sector's gambling gross revenue and gross domestic product taking into account the changing quantity of requests to self-exclude from gambling and current economic situation in Lithuania. The following methods are used for analysis: graphical analysis, paired correlation analysis and linear regression analysis. First of all, the conception of the social cost of gambling is being analysed in the article. Then using previously specified methods the relationship between gambling sector's gambling gross revenue and gross domestic product in the country is evaluated. Using a linear regression equation, the model, showing how gambling gross revenue of gambling sector was expected to change in response to changes in the country's gross domestic product is obtained. According to gambling gross revenue for 2017-2019 the model reveals that gambling sector revenue, considering the change in gross domestic product, had a higher growth potential and the right to submit a request to self-exclude from gambling established in 2017 may have had a serious effect on slowing down the growth of gambling revenue.

Czech name

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Czech description

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Type

J_imp - Article in a specialist periodical, which is included in the Web of Science database

CEP classification

—

OECD FORD branch

50204 - Business and management

Project

—

Continuities

S - Specificky vyzkum na vysokych skolach

Publication year

2020

Confidentiality

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Name of the periodical

Inzinerine Ekonomika-Engineering Economics

ISSN

1392-2785

e-ISSN

2029-5839

Volume of the periodical

31

Issue of the periodical within the volume

5

Country of publishing house

LT - LITHUANIA

Number of pages

7

Pages from-to

558-564

UT code for WoS article

000597963200006

EID of the result in the Scopus database

2-s2.0-85097906273