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INTRODUCTION
Gambling Industry – Nature and Scope

Gambling is the wagering of money or something of material value on an event with an uncertain outcome with the primary intent of winning additional money and/or material goods. Typically, the outcome of the wager is evident within a short period.
The term gaming typically refers to instances in which the activity has been specifically permitted by law. 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......

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Approximate Word Count: 25170
Approximate Pages: 101 (250 words per double-spaced page)

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