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| 30 Nov 2006
This week a BBC television program discussed the happening in the online gambling industry in the UK. They mentioned the wagering average in the UK is 6 million log ins in a day (this is counted since last April). The growth of the industry has also been discussed – 40 percent in 6 months, and the prizes the online gambling industry is giving out in this period has also been talked about – millions of pounds. The regulation talk has also been brought up – as the mayors of some of the major districts in the UK have taken an expert to show them the financial information regarding the online gambling industry and so on. This is serious – the British Kingdom is on casino fire!
Because of the law, the US online casinos have opened and expended new branches of their websites to Europe, and that will seemingly be their escape of the law. Online gambling is banned in the United States – but it can still make money in Europe and the first to see profits is the UK online gambling websites which can make in that way much more traffic from American wagers. The online gambling rush in Britain is making the leaders see the financial potential and seek for regulation, for the numbers I have stated in the top – I big money for the British government.
The similarity between American and British most popular field – horse racing – can only contribute to this cooperation between the needy US online gambling websites and the successful English online casinos. Online casinos are finding the way to bypass this law and those cooperations are very important in order to maintain the same amount of profits this year, in similar to what online gambling have made last year. | |
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