IDEAS home Printed from https://ideas.repec.org/a/vrs/poicbe/v18y2024i1p1744-1757n1031.html
   My bibliography  Save this article

State Owned Companies in the European Gaming Market: Comparative Perspectives

Author

Listed:
  • Andrei Ionuț-Valeriu

    (Bucharest University of Economic Studies, Bucharest, Romania)

Abstract

This paper looks at different case studies of European lotteries operating games of chance for the public benefit. It takes the case studies of four national lotteries as most similar systems design comparative methodology to investigate the extent to which market structure and managerial strategy play a role in the profitability of the companies. The empirical data collected through process tracing, public statements and public records shows that while being bound to interact with each other, the market context does not dictate managerial strategies, and innovations in the latter offer very diverging results in terms of the bottom line of the different European lotteries operating games of chance. This paper contributes thus to the existing literature on market conditions for companies operating games of chance (e.g. Huttenen 2020, Grote & Matheson 2023, Clotfelter & Cook 1991) by developing a much-needed link to the academic literature on corporate governance in state-owned enterprises (e.g. Cao & Vittas 2017, Szarzec & Nowara 2017, Megginson & Netter 2019).

Suggested Citation

  • Andrei Ionuț-Valeriu, 2024. "State Owned Companies in the European Gaming Market: Comparative Perspectives," Proceedings of the International Conference on Business Excellence, Sciendo, vol. 18(1), pages 1744-1757.
    • Handle: RePEc:vrs:poicbe:v:18:y:2024:i:1:p:1744-1757:n:1031
    DOI: 10.2478/picbe-2024-0146
    as

    Download full text from publisher

    File URL: https://doi.org/10.2478/picbe-2024-0146
    Download Restriction: no
    File URL: https://libkey.io/10.2478/picbe-2024-0146?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Kent R. Grote & Victor A. Matheson, 2017. "Should gambling markets be privatized? An examination of state lotteries in the United States," Chapters, in: Plácido Rodríguez & Brad R. Humphreys & Robert Simmons (ed.), The Economics of Sports Betting, chapter 2, pages 21-37, Edward Elgar Publishing.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.

      Corrections

      All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:vrs:poicbe:v:18:y:2024:i:1:p:1744-1757:n:1031. See general information about how to correct material in RePEc.

      If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

      If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

      If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

      For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Peter Golla (email available below). General contact details of provider: https://www.sciendo.com .

      Please note that corrections may take a couple of weeks to filter through the various RePEc services.

      IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.