Once restricted to exotic locations like Las Vegas, Macau, and Monte Carlo, casinos are now operating in many cities nationally and internationally from the Maryland waterfront to Ho Chi Minh City. This expansion of the gaming industry, both geographically and economically, raises new and important policy questions about the role of government in gaming regulation, the obligations and opportunities for casinos, and public support for gambling and gaming tax revenue. The contributors to this book have decades of experience in gaming regulation and business and are optimistic about the future of gaming and casinos. Each author critically engages the subject and offers his or her insight into what works and what does not in the gaming business and gaming regulation. Whether a jurisdiction is considering legalizing gaming or deciding how to regulate an existing gaming industry, it should engage in a careful cost-benefit analysis informed by available data and the jurisdiction's particular public policy goals. Each chapter in this book considers a key component of this process. The chapters collect and analyze gaming research from a wide variety of disciplines, including law, business, social sciences, economics, and tax to explain the many approaches a jurisdiction might take to identify and address important policy goals and to suggest emerging issues that require additional research and data. The chapters also incorporate extensive industry experience and examples to investigate the effects of different regulatory practices on the gaming industry, industry stakeholders, and the public. With almost 200 pages in new content, this second edition adds a new chapter on Casino Organization and Operations and updates and expands many of the other chapters.

Examines Indian gaming in detail: what it is, how it became on of the most politically charged phenomena for tribes and states today, and the legal and political compromises that shape its present and will determine its future.

Gaming law and regulation has seen many developments since the first edition was published in 2011. Anti-money laundering rules have been tightened, as have SEC filing requirements. Legal challenges to statutes restricting sports betting illustrate the tenuous nature of these wagering limitations. Daily fantasy sports competitions, a new way for people to engage and compete on the performance of their favorite players, have gained massive audiences and created challenging legal issues. The United States Supreme Court continues to develop jurisprudence on the ability of Indian tribes to operate casinos off their traditional lands, and has re-examined fundamental tenets of tribal sovereignty. The second edition retains a solid foundation for understanding the basic regulatory structure of gaming. It also continues to illustrate that gaming is one of the most dynamic, fluid, and policy-oriented areas of law a student will ever encounter in law school.

Gaming law is many decades old but has only recently been recognized as a distinct legal discipline. The few, early jurisdictions across the world that permitted gaming regulated it in isolation. When the liberalization of casino gaming took hold in the 1980s, legislators frequently, and irrationally, sought the most "stringent" regulatory regime. The problem was legislators were inexperienced at creating and defining gaming policy goals, and little consideration was given to the effectiveness of this over-regulation to achieve even loosely constructed policy goals. But gaming regulation has matured. Experience has been a great teacher. Governments have learned what to expect from a regulated casino industry both in benefits and challenges. From this, governments have better crafted public policies to both maximize benefits and minimize burdens. Regulators now have a wealth of experience as to which regulations and enforcement policies best achieve these goals. While legislators, regulators, and gaming law professionals regularly share their knowledge and experience at conferences and in legal and industry publications, this book is a seminal effort to bring this knowledge together to define best practices to achieve defined policy goals. Each chapter considers a key component of the regulatory process from defining policy goals to the practical implementation of investigations, licensing, enforcement, and auditing. The chapters collect and analyze gaming research from a wide variety of disciplines, including law, business, social sciences, economics, and tax, to explain the many approaches a jurisdiction might take to identify policy goals, suggest best practices to achieve them, and identify emerging issues that require additional research and data. The chapters incorporate extensive industry experience and examples to investigate the effects of different regulatory practices on the gaming industry, industry stakeholders, and the public. The contributors have decades of experience in gaming regulation and business, critically engage the subject, and offer insight into what works and what does not in the gaming business and gaming regulation.

Discussions in this book include taking gambling losses and expenses off your taxes, how to avoid paying gambling debts, what to do if you feel you are cheated, whether a home poker game is legal, what to do if you are arrested, your rights in a casino,can counting cards be legal, how to keep from being blacklisted by casinos, getting a gambling license, reducing taxes if you win big in the lottery and more.

Since the UK Gambling Act of 2005 was introduced, gambling has stopped being seen, politically and legally as an inherent vice and is now viewed as a legitimate form of entertainment. Gambling Regulation and Vulnerability explores the laws around gambling that aim to protect society and individuals, examining the differences between regulatory rhetoric and the impact of legislative and regulatory measures. Malgorzata Carran finds that although the Gambling Act introduced many positive changes to gambling regulation, it has created an environment in which protection of vulnerable individuals becomes difficult. Carran challenges the existing legislative premise that regulation alone is able to balance the effect of liberalisation for those who are vulnerable.