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Regulating the gambling Market : Quality-based versus price-based competition

Geoffron, Patrice (2010), Regulating the gambling Market : Quality-based versus price-based competition, The Journal of regulation, I-1.5, p. 5

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I-1-5_Regulating_the_gambling_Market_P_Geoffron.pdf (232.7Kb)
Type
Article accepté pour publication ou publié
Date
2010
Journal name
The Journal of regulation
Number
I-1.5
Publisher
MAFR Etudes
Pages
5
Metadata
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Author(s)
Geoffron, Patrice
Abstract (EN)
In mid-2010, France will open market competition to online gambling and casinos. The market is opening as European law evolves and reacts to the growing number of illegal Internet sites. The ensuing new legal scope targets quality-based competition versus price-oriented competition, especially to contain addictive behaviours, and more specifically, money laundering. Concomitantly, the game market is creating new value chains, including media and telecommunications groups. In the short term, the historic players (Française des Jeux and PMU) are key players in the new landscape, with the long-term horizon pointing to major changes.
Subjects / Keywords
Casinos; Competition; Regulated Industries; France; Gambling
JEL
L83 - Sports; Gambling; Restaurants; Recreation; Tourism
F12 - Models of Trade with Imperfect Competition and Scale Economies; Fragmentation
K23 - Regulated Industries and Administrative Law

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