Table 4.

Ethnic diversity and gambling (sensitivity checks)

	(1)	(2)
	PGSI	Risk status
Panel A: ordered logit regressions
Ethnic diversity	0.268*	0.199**
	(0.137)	(0.089)
Observations	14,061	14,061
Panel B: Australian sub-sample
Ethnic diversity	0.200***	0.082***
	(0.054)	(0.016)
Observations	10,110	10,110
Panel C: non-Australian sub-sample
Ethnic diversity	0.132***	0.056**
	(0.038)	(0.028)
Observations	3951	3951
Panel D: control for personality and financial risk
Ethnic diversity	0.096*	0.039**
	(0.049)	(0.019)
Extraversion	0.008	0.007*
	(0.011)	(0.004)
Agreeableness	− 0.013	0.000
	(0.018)	(0.006)
Conscientiousness	− 0.041***	− 0.013**
	(0.015)	(0.005)
Emotional stability	− 0.126***	− 0.048***
	(0.016)	(0.005)
Openness	− 0.051***	− 0.022***
	(0.014)	(0.005)
Financial risk	0.268***	0.084***
	(0.036)	(0.009)
Observations	11,275	11,275

All regressions include the usual control variables and state fixed effects

Robust standard errors in parentheses

***p < 0.01; **p < 0.05; *p < 0.1