Evidence map›Paper›PMID 41524856›Full record

ArticleJournal of gambling studies2026

Financial Literacy, Locus of Control, and Gambling Behavior in Australia.

Lai Hoang, Duc Hong Vo

Abstract read
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In one paragraph

Article in Journal of gambling studies, 2026. The graph could read no effect estimate from its abstract, so it casts no vote on the map. Not yet cited in PubMed.

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0cells of the map it votes in
0citing papers in PubMed
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1 · What the graph read from it

What it found

Each row is one number read from the abstract, on the scale the paper reported it, with its interval. Left of the dashed line favours the treatment, right favours the comparator. Under each row is the sentence it came from. New to these charts? A ten-minute tutorial.

The abstract states no effect estimate the extractor could read, or names no intervention and outcome on the map, so this paper lights no cell and moves no belief. It is still indexed, cited and linked below.

2 · The registry

The trial behind it

Trials whose registry record cites this paper, or whose number appears in the abstract. A trial that started after this paper was published is citing it as background, not reporting it.

Neither the registry nor the abstract names a trial number. If this is a trial report, that itself is worth knowing.

3 · Its place in the literature

Who cites it

0 citing papers in PubMed.

No citing paper in PubMed yet.

4 · The record

Corrections and comments

PubMed lists nothing against this paper. Absence here is not a guarantee, only a check that was made.

5 · Who and what money

Authors and funding

2 authors.

Lai HoangResearch Center in Business, Economics & Resources, Ho Chi Minh City Open University, Ho Chi Minh City, Vietnam.
Duc Hong VoUWA Business School, The University of Western Australia, Perth, Australia. duc.vo@uwa.edu.au.ORCID http://orcid.org/0000-0001-7823-0349

Funding

No grant is acknowledged in the PubMed record.

6 · The paper itself

Abstract

This study examines whether financial literacy is associated with reduced gambling risk using a large representative sample of the Australian population in the Household, Income and Labor Dynamics in Australia (HILDA) survey. We analyzed four waves of biennial data from 2016 to 2022 that contain financial literacy and gambling modules, covering 13,358 respondents aged 15 and above, corresponding to 21,140 person-year observations. We found that higher financial literacy was associated with lower gambling risk measured by the Problem Gambling Severity Index (PGSI). Instrumental variable regressions were used to address endogeneity and to strengthen the case for a causal relationship. However, financial literacy was not related to the gambling expenditure and the number of gambling activities respondents participated in. Mediation analysis suggested that locus of control might serve as a channel through which financial literacy mitigates the adverse consequences of gambling. The findings implied that financial knowledge may help reducing gambling-related harm, potentially via perceived control, even if it does not reduce participation or spending.

Indexed as

GamblingInternal-External ControlAdolescentAdultAustraliaFemaleHumansIncomeMaleMiddle AgedYoung AdultGamblingLocus of controlProblem gambling severity index (PGSI), financial literacy

Identifiers

What OpenQuestion holds

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Registered trials

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Read under generation 80e0d062 · epoch 390. Bibliography from PubMed, PubMed Central and OpenAlex; grants from NIH RePORTER; trial links from ClinicalTrials.gov; estimates, votes and beliefs from the OpenQuestion graph.