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In most jurisdictions gambling is considered a demerit good that causes negative externalities and requires market interventions. Such interventions are based on (1) consumer protection and public health, (2) crime prevention and public order, and (3) fiscal motives. Despite a relative homogeneity among Western cultures in normative values, a broad variety of regulatory systems for online gambling can be observed, ranging from free markets to licensing systems, state monopolies anddoi:10.17811/ebl.7.4.2018.162-168 fatcat:jx4rmdkuovggjcqgs7lgo4twpu