Games of skill or games of chance? And why is the difference such a big deal?
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How much is success in a certain game dictated by skill and how much by chance? It sounds like the kind of debate that would rage between game theory undergraduates and statisticians over long evenings, but surely it is not … Read More

EEA CASE-LAW ON GAMES OF CHANCE – Application of State aid rules
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The European Commission opened, under the EU state aid rules (Articles 107 and 108 TFEU), two formal investigations in the field of gambling. One formal final decision has been adopted whilst the other one is pending: • Denmark: here the … Read More

Probability in games of chance
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One of the player’s goal is to find an optimal method to win the game. We say that the players play a martingale. It should not be confused with the martingale probability which is a stochastic process such that its … Read More

Main types of games of chance
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The games that will appeal to any choice of the players are called games of pure chance. Many of these games (battle, board game, etc.) are children’s games since you have to know the rules and each player has the … Read More

Legal action by EC against Germany restrictions on gambling
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Press Release Free movement of services: Commission inquires into restrictions on gambling services in Germany The European Commission has decided to send to Germany an official request for information on national legislation restricting the supply of gambling services. The Commission … Read More