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on Sports and Economics |
| By: | Samir Abaakil (UM5 - Université Mohammed V de Rabat [Agdal]) |
| Abstract: | Abstract:This paper analyzes the structural challenges of sports governance in Morocco within the context of co-hosting the 2030 FIFA World Cup. Through a cross-analysis of the legislative framework (Law 30-09) and budgetary data (Finance Acts 2020-2025), the study highlights the dichotomy between the State's infrastructural ambitions and the fragile economic model of sports federations. Key findings include: Public Investment: The massive infrastructure upgrade, including the Grand Stade Hassan II (115, 000 seats), occurring alongside a contraction in the sectoral budget (-24% between 2020 and 2025). Funding Model: The systemic reliance of federations on state subsidies (>60%), in sharp contrast to the CAF model (63% commercial revenue) and European standards. Legal Framework: The implementation gaps of Law 30-09 regarding physical education and sports. The article provides strategic recommendations to transition sports clubs into viable corporate entities and diversify national sports revenues beyond public funding. Keywords: Sports Governance, Morocco, FIFA World Cup 2030, Public Policy, Sports Finance, Law 30-09, Sports Economics. |
| Abstract: | Résumé : Cet article analyse les défis structurels de la gouvernance sportive au Maroc dans le contexte de la co-organisation de la Coupe du Monde FIFA 2030. À travers une analyse croisée du cadre législatif (Loi 30-09) et des données budgétaires (Lois de Finances 2020-2025), l'étude met en lumière la dichotomie entre l'ambition infrastructurelle de l'État et la fragilité du modèle économique des fédérations sportives. L'article examine spécifiquement : L'effort d'investissement public : La modernisation des infrastructures, incluant le projet du Grand Stade Hassan II (115 000 places), face à une contraction du budget sectoriel global (-24% entre 2020 et 2025). Le modèle de financement : La dépendance quasi-totale des fédérations aux subventions étatiques (>60%), contrastant avec le modèle de la CAF (63% de revenus commerciaux) et les standards européens. Le cadre juridique : Les limites de la mise en œuvre de la Loi 30-09 relative à l'éducation physique et aux sports. Cette recherche propose des pistes de réformes pour transformer les clubs en sociétés sportives viables et diversifier les sources de revenus du sport national au-delà de la commande publique. Mots-clés : Gouvernance du sport, Maroc, Coupe du Monde 2030, Politique publique, Financement du sport, Loi 30-09, Grand Stade Hassan II, Économie du sport. |
| Keywords: | O55 Paper type: Recherche théorique Sports governance, O55, Sports infrastructure JEL Classification: Z28, Sports budget, Public policy, Legacy strategy, FIFA World Cup 2030, Morocco, Sports law, K23, H54, Z21, Infrastructures sportives JEL Classification: Z28, Budget sportif, Politique publique, Stratégie d'héritage, Coupe du Monde FIFA 2030, Maroc, Droit du sport, Gouvernance sportive, Gouvernance sportive Droit du sport Maroc Coupe du Monde FIFA 2030 Stratégie d'héritage Politique publique Budget sportif Infrastructures sportives JEL Classification: Z28 Z21 H54 K23 O55 Paper type: Recherche théorique Sports governance Sports law Morocco FIFA World Cup 2030 Legacy strategy Public policy Sports budget Sports infrastructure JEL Classification: Z28 Z21 H54 K23 O55 |
| Date: | 2025 |
| URL: | https://d.repec.org/n?u=RePEc:hal:journl:hal-05429412 |
| By: | Vaze, Atharva (RoboThink) |
| Abstract: | This paper explores a behavioral phenomenon in sports economics: human tendencies to overbet on more well-known teams—known as “dynasties”—in playoff series, especially when these teams are statistical underdogs. In an emerging world of prediction markets, it is important to not only identify market inefficiencies but also to understand the underlying behavioral factors, as this phenomenon may be present in other liquid markets. Using 12 seasons of NBA betting data (2008–2020) with Elo-based benchmarks, this study found betting markets tend to overprice dynasty underdogs by a mean bias of +10.43 percentage points (p < 0.0001), while non-dynasty underdogs show no statistically significant bias (+0.08pp, p = 0.82), confirming the effect is identity-specific rather than general model error. This mispricing yields a betting strategy with +15.81% gross ROI (62.9% win rate) and persists across the full 12-season sample despite high market liquidity. These findings show that bettors systematically overweight team reputation, creating mispricings that persist despite being exploitable. |
| Date: | 2026–02–18 |
| URL: | https://d.repec.org/n?u=RePEc:osf:socarx:w32ue_v1 |
| By: | Jacob Goss; Daniel Mangrum |
| Abstract: | Since the 2018 Murphy v. NCAA decision, 38 states have legalized mobile sports betting. We study effects on betting and consumer credit, emphasizing spatial spillovers across state lines. Using consumer spending data and an extended two-way fixed effects framework that separately identifies direct and spillover effects, we find that legalization increases total sportsbook spending roughly tenfold and take-up by 3.1 percentage points. Counties in non-legal states within 15 miles of a legal state experience spillover spending equal to roughly 14 percent of the direct effect, with these spillovers declining to roughly zero by 60 miles. Using the New York Fed Consumer Credit Panel, we find that median credit scores decline by roughly 1 point and overall delinquency rises 0.3 percentage points from a 10.7 percent base, with spillover delinquency rising nearly 0.2 percentage points. Under-40 auto loan delinquency increases by half a percentage point and credit card delinquency by one percentage point, driving the overall increase in delinquency. Scaling the population-level delinquency effect by take-up yields implied delinquency increases of roughly 10 percentage points among induced bettors. We conclude with a policy simulation which reveals that spillovers create a fiscal asymmetry: states that have not legalized bear costs from cross-border betting without capturing tax revenue, giving high exposure states a stronger case for legalization. This incentive is increasing in states that have higher pre-legalization betting activity, population centers near legal states, and a younger population. Methodologically, we show that ignoring spatial spillovers can contribute to attenuated estimates and an under-count of the affected population. |
| Keywords: | sports betting; consumer credit; household debt; spatial spillovers; state taxation |
| JEL: | D14 H71 H73 L83 |
| Date: | 2026–02–01 |
| URL: | https://d.repec.org/n?u=RePEc:fip:fednsr:102832 |
| By: | Anand, Kartik; König, Philipp Johann |
| Abstract: | This article provides a practical overview for applying the global games approach to solve models with multiple equilibria that are often used in discussions on fi- nancial and macroprudential policies. Global games offer a tractable approach to resolve multiple equilibria by introducing incomplete information, thereby yield- ing unique equilibrium predictions. The article proceeds along the lines of a simple regime change game with strategic complementarities. Starting from the canonical regime change game with homogeneous players, it extends the discus- sion to include heterogeneous groups of players and interlinkages across different institutions with different sets of players. These extensions highlight not only how strategic complementarities can amplify fragility across players and institu- tions but also how heterogeneity and interlinkages affects the design of micro- and macroprudential policy interventions. Finally, the article briefly discusses the application of global games to dynamic coordination games. |
| Keywords: | Global Games, Multiple Equilibria, Coordination Games |
| JEL: | C72 D82 G01 |
| Date: | 2026 |
| URL: | https://d.repec.org/n?u=RePEc:zbw:bubdps:337465 |