Economics of Gambling in Ireland

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The Irish betting and gaming industry consists of horserace betting, greyhound race betting and a National Lottery. The Minister for Finance regulates the National Lottery under the National Lottery Act 1986; the Minister for Agriculture and Food regulates betting under … Read More

Economics of Gambling in Greece – Lottery

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Greece has casinos, two national lotteries, and several types of gambling on football results as well as horse betting and 14,000 card-playing clubs. The major components of the Greek gambling market are betting, casinos and lotteries. Until relatively recently, much … Read More

Economics of Gambling in Germany – Lottery

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Each of the sixteen regional or lander governments has delegated power to set standards for casinos, lotteries and sports betting. Each lander is free to determine its own tax rate. The average gambling tax is nearly 80%, with some as … Read More

Economics of Gambling in France

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The French betting and gaming industry has a long and complex history. The main French horse race betting operator, Pari Mutuel Urbain (PMU), offers eleven different types of bets. There are more casinos in France than in any other single … Read More

Economics of Gambling in Finland

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Their are three primary gaming organizations in Finland, each which holds a monopoly over the provision of gambling services in their particular area. Besides the three state monopolies, not-for-profit organizations are permitted to run bingo operations. The National Lottery, Veikkaus, … Read More

Economics of Gambling in Estonia – Lotteries

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There are currently issued 18 permits for enterprises, which organize gambling-related activities in 163 locations in Estonia. There are also four permits for lottery organisers. Estonian Gambling Market 2003: Company >>> Number of employees >>> Turnover >>> Description Eesti Loto … Read More

Economics of Gambling in Denmark

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Statutory regulation of the Danish gaming market dates back to the 18th century, cf. “Kongelig anordning af den 6. oktober 1753”, which prohibited games of chance. From that time until the present, the fundamental objectives of the regulatory restrictions have … Read More

Economics of Gambling in Czech Republic – Lotteries

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More than two thirds of the adult population of the Czech Republic (69%) participated in gaming and betting in 2004. The participants included all ages; however, the majority (60%) were between 30 and 59 years old. The share of players … Read More

Economics of Gambling in Cyprus

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Cyprus is a divided Island. The Government of the Republic of Cyprus has control over the territory of Cyprus, which consists of about 67% of its area, and is inhabited mostly by Greek Cypriots numbering 750,000 inhabitants. About 33% consists … Read More

Economics of Gambling in Belgium – Lottery

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There are five classes of legal gambling in Belgium, each with licenses offered that are valid for fifteen years. The categories of licenses are: – Class A – Casinos; – Class B – Amusement Arcades; – Class C – Public … Read More

Economics of Gambling in Austria

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The total legal gambling market in Austria is only represented by two state monopoly companies. Their recent gross gaming revenue is shown below: Austrian Gambling Industry GGR for 2004: Company: 2004 GGR Österreichische Lotterien GmbH: € 618,325,910 Casinos Austria AG: … Read More

Observations on the EU Casino Gambling Sector

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Casino industries in the EU Member States operate under tax regimes, ownership structures, and regulatory constraints that affect the industries’ size, market power, ability to service customers, and ability to attract financial capital. In many Member States, casinos are granted … Read More

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