The phrase "licenced gambling" is correct and usable in written English.
It can be used to talk about gambling that has been given a legal license to operate. For example, "The city recently granted a license for licenced gambling at the local casino."
That is where dizzying freedom hit its limit: no cover charges, no sales tax, no income tax, no waiting period for marriage licences, no gambling regulation... and no negroes near my innocent wife, thank you.
That gave bankers a licence to gamble in the hope of earning the humungous payouts that would take them into the ranks of the über-wealthy.
It poured millions into a jingoistic campaign branding the plan "un-Australian", and suggested misleadingly that Australians would need to apply for licences to gamble.
The British clubs lost their gambling licences, and the US clubs were losing money.
In August, Camelot lost a high court legal action seeking to get the gambling licence for Richard Desmond's rival Health Lottery revoked.
Meanwhile, in the late 1990s another tribe with a slightly better location were also awarded a gambling licence, thus undermining the Pequots' monopoly.
The manifesto offers councils "new powers to oppose gambling licences if there are too many betting shops" in a high street.
Councils were told they should "aim to permit" gambling licences – even if their high street was thronged already with betting shops.
If these allegations are shown to be true, then Adelson's gambling licences could be in jeopardy because associations with organised crime could prompt action by Nevada's gambling authorities, always sensitive to Las Vegas's history with the mafia.
Surely, Mr Honegger contends, if his arrangement with GVC was not one of a joint venture partner, GVC might have been breaching its gambling licence terms with the Canadian authorities.
