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The Substitutability between Korean Gambling Industries and Restructuring of the Regulation on Total Sales

  • Journal of Regulation Studies
  • 2014, 23(1), pp.189-213
  • Publisher : 한국규제학회
  • Research Area : Social Science > Public Administration

Lee, Yeon-ho 1 Park, Chan IL 2 Kim, Sang-Mi 1 Nam Li 3

1충북대학교
2공주대학교
3충북대학교 경제학과

Accredited

ABSTRACT

This study examines the substitutability/complementarity between the six legal gambling industries by estimating each industry's sales. It turns out that if the sales of the industries with lower gambling addiction(lottery, sports toto) are to expand, then the sales of highly addictive gambling industries(casino, horse racing, cycle racing, etc.) are significantly reduced. On the other hands, the sales of highly addictive industries tend to increase the sales of other highly addictive gambling industries. Thus, the regulation policy on total sales of gambling industry should be restructured so as to raise the composition of the gambling industries with lower addiction and reduce that of highly addictive industries.

Citation status

* References for papers published after 2023 are currently being built.