Please use this identifier to cite or link to this item: https://ir.iimcal.ac.in:8443/jspui/handle/123456789/4887
Title: To Dream or Not to Dream?
Authors: Paul, Sushobhan
Keywords: Online gambling
Business
Lottery
Games
Dream11
Online gaming platforms
Issue Date: Jun-2024
Publisher: The Financial Research and Trading Laboratory (FRTL), IIM Calcutta
Abstract: With the rise of internet accessibility, individuals can now easily access various online gambling platforms and participate in a wide range of games such as poker, slots, and sports betting. Sociologists have long recognized the allure of casino gambling and have described it as "seductive" in its ability to captivate participants. In the digital age, gambling has undergone a profound transformation with the rise of online platforms, making it more accessible than ever before. The proliferation of online casino games and the evolution of online gambling have generated new opportunities for both individuals and the industry. However, this shift has also brought to light a critical issue: the disproportionate impact of online gambling on lower-income populations. Research suggests that the lower-income demographic is particularly susceptible to the lure of online gambling, often viewing it as achieving a means of financial stability and social mobility that has eluded them through traditional avenues (Cotte & LaTour, 2009).
Description: Biosketch: Sushobhan Paul is a Research Scholar at Shiv Nadar University in Delhi, focusing on Finance. He holds a master’s degree in economics from Jawaharlal Nehru University, New Delhi, and has two years of experience as an Associate Consultant in the corporate sector. His research interests include corporate finance, financial economics, and political finance.
URI: https://ir.iimcal.ac.in:8443/jspui/handle/123456789/4887
Appears in Collections:Issue 1, June 2024

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