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

Book economics – Descriptive elements

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Reading and editing From the perspective of the economy, editing and reading are respectively the supply and demand in the market of books. Internationally, the situation in this regard are very different. Meanwhile, time spent for reading is an important … Read More

Economics of sport

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Sport is a set of physical exercises that can be practiced in the form of individual and group games, that can give rise to competition. Sport is an almost universal phenomenon in time and human space. Ancient Greece, ancient Rome, … Read More

Economics of crowdsourcing

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Volunteering, volunteerism and altruism … or economic benefit? In some cases, the “crowd” willing to participate generously offers a priori powers, their data. Participants may feel somehow reimbursed for their work with results that will benefit everyone, or estimate that … Read More

Economics of advertising

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If advertising is an essential part of the consumer society, its economic weight and its effectiveness are difficult to assess. Economic weight In 2006, in a report entitled 2006-2010 Forecast for the entertainment industry and media, PricewaterhouseCoopers estimated global ad … Read More

Dutch book

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In gambling a Dutch book or lock is a set of odds and bets which guarantees a profit, no matter what the outcome of the gamble. It is associated with probabilities implied by the odds not being coherent.In economics a … Read More

Las Vegas physics, economics and resources

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Geography Typical desert around the Las Vegas area. Las Vegas is located at 36°11′39″N, 115°13′19″W (36.194168, 115.222060)GR1. According to the United States Census Bureau, the city has a total area of 293.6 km² (113.4 mi²). 293.5 km² (113.3 mi²) of … Read More

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