Annotated Bibliography On Lotteries

Annotated Bibliography

Hartnell, Neil. National Lottery ‘Front And Centre’. The Tribune 10, Oct. 2017. http://www.tribune242.com/news/2017/oct/10/national-lottery-front-and-centre/

Neil Hartnell, the Tribune Business Editor wrote this article after speaking with the Minister of Tourism and Aviation, Mr. Dionisio D’Aguilar. Mr. D’Aguilar who has the responsibility for gaming, reopened the public debate on creating a national lottery. The topic of a national lottery arose in Parliament the previous week. Mr. D’Aguilar wants to review a law that prevents new business from entering the gaming market for 10 years and only benefits the current web shops owners. This article fails to provide a strong view on whether a national lottery would succeed

Hart and Sofley use John Morgan’s argument from his essay “Financing Public Goods by Mean of Lotteries” for examples of the good lottery money contributes to the public. They also give examples of indirect benefits from lottery taxes. The strength of this article is the clear points made about the good lotteries can provide along with examples. The article establishes why lotteries, but does not explore the drawbacks. This article can be used for the example it provides on lotteries.

Whitaker, Richard B. “State Lotteries and Agency Costs: Hidden Costs to Nonparticipants.” The American Journal of Economics and Sociology, vol. 66, no. 3, 2007, pp. 533–544. JSTOR, JSTOR, www.jstor.org/stable/27739650.

Richard Whitaker is an Associate Professor of Finance at Eastern Illinois University. In this article Whitaker focuses on the diminished tax benefits to nonparticipants of lotteries. Whitaker states that the support of lotteries by some nonparticipants is due the expectations that the burden of tax will be shifted towards those who participate in lotteries. The strength in this article is the table created with data obtained from the U.S. Government Finance departments showing the percentage changes in state expenditures upon implementation of a state lottery. This article provides vital information on the increase of Government expenditures

A telephone survey was conducted with 2,630 U.S. residents aged 18 or older on the 15 types of gambling. Results from the survey revealed that lottery was the most common played game and casino gambling had the largest extent of gambling involvement. The article further breaks down gambling involvement among race, sex, age, location and income status. The weakness of this article is that it does not survey exclusively lottery. The strength of the article is the sources used. This article provides survey answers to questions on gambling which can be helpful in the research