The internet wagering industry in the United Kingdom has increased two fold in five years, with more than a million bettors regularly gambling using the web. According to a poll administered by the Department of Culture, Media and Sport, English bettors make up approximately 1/3rd of the Old World’s approximated total of 3.3 million online gamblers.
The average cash amount bet by each gambler is estimated at £1,000, with the European business now valued at £3 500 000 000 annually.
Amidst the seventy web gambling casinos in the UK, none are gaming sites promoting card games like poker and chemin de fer. A better part of the globe’s two thousand net gambling sites are stationed in locations with dubious web wagering rules. Antigua and Costa Rica account for more than 1,000 casinos between them.
The Government in the United Kingdom is hoping to introduce practices and a tax setup to legalize the functioning of the net gambling business. With this type of regulatory framework in place, web wagering activities would be monitored and the business will acquire even greater penetration in the in the years to come.
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