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The net betting business in the UK has doubled in 5 years, with in excess of one million bettors regularly betting over the net. According to research administered by the Dept. of Culture, Media and Sport, English gamblers make up approx. one-third of Europe’s approximated total of 3 300 000 web bettors.
The average cash figure bet by each bettor is estimated at one thousand pounds, with the European industry now worth £3.5bn annually.
Among the seventy web betting casinos in the UK, few are gaming websites promoting casino card games such as poker and blackjack. A majority of the planet’s two thousand web wagering sites are stationed in locations with questionable web gambling standards. Antigua and Costa Rica account for more than one thousand casinos between them.
The Government in the United Kingdom is looking to introduce rules and a tax system to streamline the functioning of the web gambling business. With such regulatory framework in place, internet wagering activities would be observed and the industry can hope to achieve even bigger penetration in the near future.
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