The online gaming business in the United Kingdom has doubled in five years, with higher than a million bettors regularly gambling via the internet. According to research carried out by the Department of Culture, Media and Sport, United Kingdom gamblers make up approx. 1/3rd of Europe’s estimated total of 3.3 million net bettors.
The average cash amount spent by each punter is approximated at one thousand pounds, with the European sector now worth £3.5bn annually.
Amongst the seventy internet gambling sites in the UK, none are gaming web sites promoting casino card games such as poker and black jack. A majority of the globe’s two thousand web gambling sites are stationed in locations with dubious online wagering standards. Antigua and Costa Rica are responsible for for more than 1,000 sites between them.
The Gov’t in the UK is looking to introduce procedures and a tax setup to streamline the working of the internet gaming industry. With this type of laws in place, net gambling activities would be monitored and the business will acquire even bigger penetration in the in the years to come.
