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Online casino revenues/expenses/turnover/win
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So far, I have never been able to find detailed information on how much certain casino sites are turning over. How much win they generate and how much money they actually pay out
Is there no authority that takes such a thing under the microscope and makes it visible to all. I mean the trust of many is sinking steadily and somehow I have the feeling that no institution really cares about the players' rights
There are approaches every now and then, but the problem seems to be not so relevant for many politicians on the EU level
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Online casino revenues/expenses/turnover/win
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I don't think that the companies have to publish these figures, unless they are a public limited company. But for sure there are authorities, which take a closer look at these figures. Primarily times the tax office because of the taxes, casinos are finally legal businesses
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Online casino revenues/expenses/turnover/win
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In the long run, only 1-2% of all players win, if at all
That is the 98% losers, the money have the casino
What interests me, what do the casino with all the money ?
With Casinoclub one is at least so honest and shows in the high polish brochure, which one
is constantly on club trips with champagne in hand
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Online casino revenues/expenses/turnover/win
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Probably the same as other companies, pocket & invest.
Here is also an article with some figures https://www.gamblejoe.com/news/jahresreport-2016-der-gluecksspielaufischtbehhoerden-der-lae/
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Online casino revenues/expenses/turnover/win
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the Men in Black come
you have money you are certainly not alone
curse or blessing?
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Online casino revenues/expenses/turnover/win
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The slot manufacturers earn the most, but the casinos also get a nice piece of the pie
The topic of Player protection is a joke in OCs, as well as the player protection in gaming arcades in Germany.
Approaches exist but why it is then often not implemented are then again fears of the state it could lose tax revenue
It is more lucrative for all parties involved, except for the problem gambler, to carry out prevention before a gambler becomes a pathological gambler who completely breaks away and no longer visits the arcade.
In Switzerland, this is exemplary, there are no gaming arcades but only the real casinos which are operated by the company Swiss Casinos.
There once locked, the entrance is forbidden Switzerland far
It is secured via electronic ID control
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Online casino revenues/expenses/turnover/win
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The system is not only like this in Switzerland, but in many countries.
I don't think many other countries really have gaming houses and casinos where you can play the same games in both houses but in casinos with more AQ
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Online casino revenues/expenses/turnover/win
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Bwin Group ca 900 million turnover, thereof ca 230 million through casino games
Source: googled in 2 minutes
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