Financial Literacy and Gambling Behaviour in Nigeria

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Date

2020

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Volume Title

Publisher

Department of Accounting, University of Ilorin

Abstract

The study investigates the influence of financial literacy on gambling behaviour among the Nigerian populace. Easy access to gambling outlets and an increase in the number of online gambling sites have caused gambling among the Nigerian population to rise significantly. We assume that it is less likely that financial literate individuals who use their knowledge to make round financial and investment decisions will gamble. The study adopts the survey research design and employed a sample of 1448 respondents whose responses were obtained through questionnaire.

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Keywords

Financial literacy, Gambling, Gambling behaviour, Nigeria, Problem gambling

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