Jul 30th, 9:45 AM - 10:45 AM
Determinants of Internet Gambling Policy Adoption
Since its inception, online gambling legalization has been a controversial and contentious subject among governments worldwide. Residents in these jurisdictions face an uncertain future regarding the liberty to gamble online. This study seeks to identify which demographic, economic, technological, and sociological determinants contribute a government’s decision to allow their citizens to gamble online. A seemingly unrelated bivariate probit regression analysis revealed that national population, government revenues as a percentage of GDP, the Hofstede Uncertainty Avoidance Index, number of Internet users, and a country’s Christianity proportion contributed significantly to the observed distribution of online gambling legality in 47 countries.