The internet casino market in the United Kingdom has increased two fold in five years, with more than a million punters commonly wagering via the internet. According to a poll conducted by the Dept. of Culture, Media and Sport, UK gamblers make up around 1/3rd of Europe’s estimated total of 3 300 000 web gamblers.
The typical cash figure bet by each gambler is approximated at one thousand pounds, with the European sector now valued at £3.5bn annually.
Amidst the seventy internet gambling web sites in the United Kingdom, none are gaming web sites promoting casino card games like poker and blackjack. A majority of the planet’s two thousand net wagering casinos are based in places with questionable online casino rules. Antigua and Costa Rica account for more than 1,000 sites between them.
The Government in the United Kingdom is looking to introduce procedures and a tax setup to streamline the working of the net gambling industry. With such regulatory framework in place, web wagering activities would be observed and the industry can hope to achieve even greater penetration in the next few years.
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