The internet gaming industry in the UK has doubled in 5 years, with greater than a million bettors regularly gambling via the net. According to research executed by the Dept. of Culture, Media and Sport, United Kingdom bettors make up approximately one-third of the Old World’s estimated total of three point three million net bettors.
The average cash figure bet by every gamer is estimated at £1,000, with the European industry now valued at £3 500 000 000 each year.
Among the seventy online gambling web sites in the UK, none are gaming web sites promoting casino card games such as poker and blackjack. A better part of the world’s 2,000 online betting casinos are located in places with questionable online wagering standards. Antigua and Costa Rica are responsible for for more than 1,000 casinos between them.
The Government in the UK is hoping to introduce practices and a tax setup to streamline the functioning of the internet wagering business. With such regulatory framework in place, online gambling activities would be monitored and the business can hope to achieve even bigger penetration in the next few years.
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