The internet betting business in the UK has increased two fold in five years, with in excess of one million bettors commonly wagering by using the internet. According to a poll executed by the Dept. of Culture, Media and Sport, English gamblers make up about one-third of the Old World’s approximated total of 3 300 000 net gamblers.
The typical amount spent by each gambler is estimated at £1,000, with the European industry now worth £3 500 000 000 annually.
Among the seventy online betting web sites in the United Kingdom, few are gaming websites advertising card games like poker and black jack. A majority of the world’s 2,000 online gambling sites are stationed in places with dubious internet casino standards. Antigua and Costa Rica are responsible for for more than 1,000 sites between them.
The Government in the UK is hoping to introduce regulations and a tax setup to manage the working of the web betting industry. With this type of laws in place, net betting activities would be observed and the industry will achieve even greater penetration in the in the years to come.