The online wagering market in the UK has doubled in five years, with in excess of a million punters commonly wagering by using the net. According to a poll carried out by the Dept. of Culture, Media and Sport, UK bettors make up about 1/3rd of the Old World’s estimated total of 3 300 000 net gamblers.
The typical cash amount bet by each bettor is approximated at one thousand pounds, with the European industry now valued at £3 500 000 000 annually.
Amongst the seventy web gambling sites in the UK, none are gambling web sites advertising casino card games like poker and chemin de fer. A majority of the planet’s 2,000 internet gambling sites are based in places with questionable internet gambling codes. Antigua and Costa Rica account for more than 1,000 sites between them.
The Gov’t in the United Kingdom is looking to introduce practices and a tax setup to legalize the operating of the internet gambling industry. With such regulatory framework in place, net gambling activities would be observed and the industry will achieve even greater penetration in the in the years to come.