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The online gambling industry in the United Kingdom has increased two fold in five years, with higher than a million bettors commonly gambling over the web. According to a poll executed by the Dept. of Culture, Media and Sport, British bettors make up about 1/3rd of the Old World’s approximated total of 3 300 000 net gamblers.
The typical cash figure bet by each punter is approximated at one thousand pounds, with the European business now worth £3 500 000 000 each year.
Among the seventy online gambling web sites in the UK, none are gambling sites promoting card games such as poker and blackjack. A better part of the globe’s 2,000 online wagering casinos are stationed in places with dubious web gambling standards. Antigua and Costa Rica account for more than one thousand sites between them.
The Gov’t in the UK is looking to introduce rules and a tax setup to manage the operating of the internet wagering sector. With this type of regulatory framework in place, web wagering activities would be monitored and the industry can hope to acquire even greater heights in the in the years to come.
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