The net wagering industry in the United Kingdom has doubled in 5 years, with in excess of a million gamblers commonly betting by the net. According to research administered by the Department of Culture, Media and Sport, English bettors make up around 1/3rd of the Old World’s approximated total of 3.3 million web gamblers.
The average sum spent by each gambler is estimated at £1,000, with the European industry now worth £3.5bn each year.
Amidst the 70 online betting sites in the UK, few are gaming web sites promoting casino card games such as poker and blackjack. A majority of the planet’s 2,000 internet betting sites are stationed in locations with questionable online gambling standards. Antigua and Costa Rica account for more than 1,000 sites between them.
The Government in the United Kingdom is looking to introduce practices and a tax setup to streamline the working of the net wagering sector. With this type of regulatory framework in place, online betting activities would be monitored and the industry will acquire even bigger penetration in the near future.