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UK Land-Based Casinos

Essay specific features

 

Issue:

Business

 

Written by:

Norma C

 

Date added:

February 16, 2015

 

Level:

University

 

Grade:

A

 

No of pages / words:

5 / 1318

 

Was viewed:

8178 times

 

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Essay content:

The adoption of the Euro complements the opening of the industry. Government Liberalization UK’s Gaming Act of 1968 erected tough restrictions on LBCs. Prior to 1968 the industry was essentially unregulated. This legislation enacted a number of restrictions and limitations on the number of slot machines, entertainment venues, and advertising outlets (Wright, 2)...
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The law also stated that alcohol could not be served after midnight, casinos could not be open beyond 4 a.m., and debit cards could not be accepted. In addition maximum payouts were limited to ?250, and 48-hour waiting period were introduced for new members. (This severely limited tourist gambling.) While prohibitions on marketing and the use of live entertainment were maintained, the new legislation relaxed the others restrictions...
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