How Important is Gambling in National GDP: Case Study from Austria, Croatia, Italy and Slovenia

Abstract

Purpose – The situation in the field of gambling is changing due to the rise of Internet and Mobile gambling. In general gambling consumption is increasing every year, but the distribution of consumption has radically changed from Land Based gambling to Remote gambling. The purpose of this article is to present an overview of the world gambling industry and a specific overview in Austria, Croatia, Italy and Slovenia in order to find some main similarities and differences in observed period.

Keywords

• gambling revenue
• gdp
• forecasting
• time-series
• box and jenkins approach
• arima modelling
• l83
• l8