Gambling Industry

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Title: Gambling Industry

Essay Details:

Subject: Business

Author: Edwin S

Date: January 9, 2012

Level: University

Grade: A

Length: 86 / 25608

Essay text:

The two words are not mutually exclusive; i.e., a “gaming” company offers (legal) “gambling” activities to the public. The gambling industry is an important economic and financial sector, which produces employment (direct and indirect) and taxation revenue, and involves a gamblers population of millions of people. Almost 30 million people in France, or three out of five people of gambling age, gamble at least once per year. Since 1975, the total value of stakes has doubled. According to the report, the turnover of the legitimate gambling industry has increased from the equivalent of 98 million euros in 1960 to 37 billion in 2006...

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