Regulating the gambling Market : Quality-based versus price-based competition
AbstractIn 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.
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Bibliographic InfoPaper provided by Paris Dauphine University in its series Economics Papers from University Paris Dauphine with number 123456789/7952.
Date of creation: 2010
Date of revision:
Publication status: Published in Journal of regulation, 2010, no. I-1.5
Casinos; Competition; Regulated Industries; France; Gambling;
Find related papers by JEL classification:
- L83 - Industrial Organization - - Industry Studies: Services - - - Sports; Gambling; Restaurants; Recreation; Tourism
- F12 - International Economics - - Trade - - - Models of Trade with Imperfect Competition and Scale Economies; Fragmentation
- K23 - Law and Economics - - Regulation and Business Law - - - Regulated Industries and Administrative Law
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