Sports Betting Participation and its Effects on Youths’ Welfare in Kenya

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dc.contributor.advisorJennifer Njarambaen_US
dc.contributor.authorGathuru, James Muigai
dc.date.accessioned2021-11-09T12:38:02Z
dc.date.available2021-11-09T12:38:02Z
dc.date.issued2021
dc.descriptionA Research Project Submitted to the Department of Economic Theory in the School of Economics in Partial Fulfilment of the Requirements for the Award of the Degree of Master of Economics (Policy And Management) of Kenyatta University, June 2021en_US
dc.description.abstractYouths in Kenya have been placing bets on football games, with the hope of winning money and as a form of leisure. Participation in sports betting in Kenya has been increasing since 2013. The number of firms registered to provide sports betting services have increased from 1 in 2013 to 28 in 2018 attracting 5 million active customers in 2018 from 2 million in 2016. The increased participation in sports betting according to literature comes with economic benefitssuch as increase in income but also social cost which include breakage of families,suicide and brankruptcy among others.Since sports betting has been in existense for less than a decade , its effects on the population has not been well documentedin many countries . The aim of this study was to explore sports betting participation and its effects on youths’ welfare in Kenya. Primary data was collected using a structured questionnaire on a random sample of 343 youth in Kajiado North constituency. For objective one, a logistic regression model was specified and Maximum Likelihood Estimation method used to establish the key factors influencing participation in sports betting among the youth in Kenya. The study findings indicate that genger, technology, employment and income were more likely to increase participation in sports betting. Male youths were found tohave a higher likelihood to participate in sports betting compared to their female counterparts. These resultssupport the assertion that the lower the income an individual earns the higher the probability participatingin sports betting. Individuals who are in full employment, self-employed and in part-time employment have a higher likelihood to participate in sports relative to youths who are not employed. The second objective was to determine the effect of sports betting participation on youth welfare. A linear model was specified and Two Staged Least Squares estimation method used to obtain estimates.The results found that there was a negative welfare effect on individuals participating in sports betting. The study recommends sensitizations of the youths on the negative effects of sports betting and employment creation to deter youth from participating in sports betting as a source of income.en_US
dc.description.sponsorshipKenyatta Universityen_US
dc.identifier.urihttp://ir-library.ku.ac.ke/handle/123456789/22968
dc.language.isoenen_US
dc.publisherKenyatta Universityen_US
dc.subjectSports Bettingen_US
dc.subjectParticipationen_US
dc.subjectYouths’ Welfareen_US
dc.subjectKenyaen_US
dc.titleSports Betting Participation and its Effects on Youths’ Welfare in Kenyaen_US
dc.typeThesisen_US
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