Economics of Gambling in UK

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The UK ‘s gaming and betting markets are well developed, with arguably the exception oftheir casino industry, which is undergoing considerable change as a result of the recentlycreated Gaming Act 2005, and the National Lottery, which came into existence in … Read More

Economics of Gambling in Sweden

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In Sweden the betting and gaming industries are well developed. A greater proportion of Swedes than any other nation participate in gambling in its various forms. Typically 85% of the Swedish population participated in the betting and gaming industries in … Read More

Economics of Gambling in Spain

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Spain’s gaming industries are substantial, with the exception of betting, which is not supported by a domestic horseracing industry and an absence of legal structure conducive to a sports betting sector. Bingo, gaming machines, casinos, and lottery are all well … Read More

Economics of Gambling in Slovenia

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Slovenia’s Office for Gaming Supervision is responsible for the supervision of standard and non-standard gaming activities included in the Gaming Act and in other legislation. According to Loterija Slovenia, there is approximately 53 Euro per capita spent per year on … Read More

Economics of Gambling in Slovakia

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The Slovak gambling market has a rather large number of players. It is divided among approximately 180 operators who supply gambling services in their respective sectors. Tipos (the national lottery company) has a monopoly in so-called “state lotteries”. According to … Read More

Economics of Gambling in Portugal

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In Portugal, the government gives concessions to private companies for gaming operations. Lotteries are operated by Santa Casa da Misericordia de Lisboa. Casinos are operated by various private companies and bingos outside casinos are run by private companies or notfor- … Read More

Economics of Gambling in Poland

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The Ministry of Finance regulates the Polish betting and gaming industry under the Gambling Act of 1992. Since the collapse of the communist regime and the implementation of the 1992 Act, the gaming industry in Poland has grown rapidly. The … Read More

Economics of Gambling in Netherlands

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The Netherlands Gaming Control Board (College van toezicht op de kansspelen) was established January 1st 1996 as an independent advisory body to the Minister of Justice in respect of the national gaming organizations. The Board advises the Minister of Justice … Read More

Economics

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Economics (from the Greek οίκος [oikos], ‘home’ and νομος [nomos], ‘leadership’) is a social science that studies the production and sale, trade and consumption of goods and services. According to the definition given by Lionel Robbins in 1932, the economics … Read More

Economics of Gambling in Malta

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Since the introduction of the first on-line betting licences in 2000, the Maltese Lotteries and Gaming Authority (LGA) has developed its methodologies to regulate the procedures of remote gaming operations, and in April 2004, revamped Remote Gaming Regulations were published. … Read More

Economics of Gambling in Luxembourg

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Prior to 1977 the only form of gambling that was permitted in Luxembourg was a lottery. In 1977, casino gaming was legalised and today Luxembourg has one casino, Casino 2000, located at Mondorf Les Bains. GAMING SECTOR ANALYSIS Lotteries The … Read More

Economics of Gambling in Lithuania

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Traditionally gambling, with the exception of lottery, has not been permitted in Lithuania due to the strong Catholic influence in the country. However, gaming was legalised in Lithuania the Gaming Law became effective in July, 2001.This Law established the conditions … Read More

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