The online betting industry in the UK has doubled in five years, with in excess of one million punters regularly wagering over the web. According to a poll conducted by the Dept. of Culture, Media and Sport, British bettors make up approx. one-third of the Old World’s approximated total of 3 300 000 internet bettors.
The typical cash amount bet by every gamer is estimated at £1,000, with the European business now worth three point five billion pounds each year.
Amongst the 70 net gambling sites in the United Kingdom, few are gambling sites advertising casino card games like poker and black jack. A majority of the planet’s 2,000 online betting casinos are located in locations with questionable web betting regulations. Antigua and Costa Rica are responsible for for more than one thousand sites between them.
The Government in the United Kingdom is looking to introduce rules and a tax setup to legalize the functioning of the internet gambling industry. With such regulatory framework in place, internet wagering activities would be monitored and the business will acquire even greater penetration in the next few years.