The internet betting industry in the United Kingdom has increased two fold in five years, with in excess of a million gamblers regularly wagering by the internet. According to research conducted by the Department of Culture, Media and Sport, British gamblers make up approximately 1/3rd of the Old World’s approximated total of 3 300 000 web gamblers.
The average cash amount bet by every gambler is estimated at £1,000, with the European business now valued at £3 500 000 000 annually.
Amongst the seventy internet gambling casinos in the United Kingdom, none are gaming websites advertising card games like poker and black jack. A majority of the world’s 2,000 net gambling sites are based in locations with questionable web wagering codes. Antigua and Costa Rica are responsible for for more than one thousand sites between them.
The Gov’t in the UK is hoping to introduce procedures and a tax system to control the functioning of the online betting sector. With such laws in place, net wagering activities would be observed and the industry will achieve even greater heights in the near future.