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Monopolistic Vs. Competitive “Lottery”

Author

Listed:
  • Kristiyan Ivanov

    (Higher School of Insurance and Finance,Sofia, Bulgaria)

Abstract

This short and objectively publication has its main purpose to scrutinize the potential advantages and disadvantages concerning the state budget revenues, corporate profits and the social benefits of having ?lottery business? in a monopoly or a competitive market environment. A short historical, financial, legal and ethical standards groundedreview of the Bulgarian lotteries focusing of ?Bulgarian State Lottery? -?BST? and the private owned lotteries will be analyzing from one hand. The global international markets leaders as Europe, America and Asia data and trends will be using for references and pins to guideline and highlight the big analyze picture from the other hand.

Suggested Citation

  • Kristiyan Ivanov, 2020. "Monopolistic Vs. Competitive “Lottery”," Economic Science, education and the real economy: Development and interactions in the digital age, Publishing house Science and Economics Varna, issue 1, pages 309-319.
    • Handle: RePEc:vrn:cfdide:y:2020:i:1:p:309-319
    as

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    File URL: https://ue-varna.bg/~uevarna/uploads/filemanager/303/publishing-complex/2020/Economic_science_education_real_economy_T3_2020.pdf
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    More about this item

    Keywords

    lottery; monopoly market; competitive market; gross gaming sales; gross gaming revenue; tax burden; taxes; excise; license; State Commission of Gambling; best practice;
    All these keywords.

    JEL classification:

    • O16 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Financial Markets; Saving and Capital Investment; Corporate Finance and Governance

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