Appearance and fast development of Internet has led to a forthcoming of particular life things that as a result became an inherent part of our daily routine. Most people couldn’t stand before gambling games and even laws that prohibit gaming business are not able to overcome a gambling passion. As it appeared, approximately a half part of mankind is able to enjoy online gambling in different variations legally in the generally accepted legal age of 18.
Millions of gamblers all over the world are the best evidence of rash online gambling evolution. The improvement of new technologies made online casinos more available for those people who have never dreamt about it. There are currently approximately 70 – 80 world countries where online gambling games are legalized and prospered.
Online gambling is one of the advanced and profitable spheres in a global net but not all countries implement it. For that reason in many countries, the online gambling industry is
in great demand and in other countries officials keep it under lock and key. If you think of becoming a global frequent client of online casino you have to remember about online gambling regulations in different countries and, of course, in your homeland. In today’s globalization and integration of international business each country has its laws that in a general way determine the object of the gambling industry.
The policy of the countries according to online gambling regulation can be divided into several versions:
Online gambling business has substantially taken his stand as the profitable industry and weirdness of his regulation. It is really getting tough for offline casinos that work hard to cut down and restrict Internet use for gambling. But it is just a fight with the windmills.
Online casinos are illegal in 39 countries. So if you are a traveling gambler, firstly check the “black list” of countries before getting into the unfortunate situation.
COUNTRIES RESTRICTED TO PLAY ONLINE CASINO:
In 93 countries situation is more interesting and online gambling is neither prohibited nor permitted. Such territories called “gray” or “hanging”.
Japan, Canada, and China are relentless foes of online gambling legalization and up to date, wage the war not only against online casinos but also internet banks that support gambling industry.
Russian legislation forbids the activity of providing and organizing gambling games with the application of information-telecommunication systems, including Internet. But there are no restrictions for making bets on foreign gaming resources.
In Lybia, online gambling is compared with a witchcraft or black magic and has criminal responsibility.
Countries of the Muslim world, including Turkey and Egypt, are strictly prohibited playing any gambling game because of laws of the Koran.
The strongest online gambling hit was made by the USA where authorities released a prohibition of unhappy memory called UIGEA that forbids gambling companies to make any money transactions via Internet. In consequence of law- breaking there is an administrative and criminal responsibility (5 years of jail). Many foreign casinos refuse Americans in online gambling participation. However that may be, there is the biggest amount of gamblers in this country.
Each state provides its own policy and online gambling legality can be considered from different points of view. In some US states, gambling games are outlawed. In Nevada legislation permits online gambling inflexibly controls this sphere and gets taxes.
As a rule, the first reaction on new modern ideas in society and technologies is a reaction of European countries including online games. European online gambling regulations are in developmental stage. While the whole world, headed by the USA, tries to find out new methods of combating with online gambling, European countries mind up the decisions for profitable benefits.
Online gambling in the UK is due to a perfect legislative regulation, reasonable tax assessment system and an old history of online gambling. Up to date, online casinos in the UK are permitted in the presence of online gambling licenses from the “white list countries”.
For Italy such games as online roulette, poker, blackjack etc. are absolutely legal but with several limits. For example, fixed limitations on monthly money loss and, in the case of limits reaching, the access to online casino is blocked.
Eastern Europe has a great potential of online gambling development in such countries as Romania, Slovakia, Slovenia and the Czech Republic. Ukraine is also getting a perspective direction in the development of online gambling games. However, in Poland, the government recognizes online gambling as an illegal affair in order to protect gamblers that unconsciously pour money down the drain.
Gibraltar and Malta are two European countries which called “tax paradise” for online gambling games as there are no limits for its development. Malta was the first country that regulated the law of online gambling. Nowadays the popular online casinos, poker rooms, and betting offices use the licenses of this country. The popularity is explained by low taxes, easy licensing and perfect control system of giving out services. Gamblers here are safe and sound as the reputation of those countries is allowed to trust their funds to companies with secure licenses.
As you can see, European views of online gambling problem are substantially different. And to this day is hard to understand the authorities of some countries that try to take care of their citizens or financial part of this issue. Why do not adopt the experience of countries that luckily regulate online gambling and receive quite good incomes to the budget?
On a global basis, controlled and adjustable online gambling business represents a quite nice outlook. The distinctive feature of gambling is an application of latest technological elaborations. Somewhat exactly online gambling galvanizes improving technologies, burnishing it and testing permanently in order to enhance the quality of software. That’s why authorities in different countries come to understanding that necessity of online gambling legalization is not only important but also economically advantageous for countries development.