The net casino market in the United Kingdom has doubled in 5 years, with in excess of one million punters commonly wagering over the web. According to research administered by the Dept. of Culture, Media and Sport, United Kingdom gamblers make up around 1/3rd of the Old World’s estimated total of 3 300 000 internet bettors.
The average cash amount spent by every bettor is estimated at £1,000, with the European sector now valued at £3.5bn annually.
Amidst the seventy internet betting sites in the UK, none are gambling sites advertising casino card games such as poker and chemin de fer. A majority of the planet’s two thousand net wagering casinos are based in locations with questionable web gambling codes. Antigua and Costa Rica are responsible for for more than one thousand sites between them.
The Gov’t in the UK is looking to introduce regulations and a tax setup to manage the working of the net gaming business. With this type of regulatory framework in place, web gambling activities would be monitored and the industry will achieve even bigger heights in the next few years.