Although the USA has taken a hard line on internet gambling, outlawing it completely in October 2006, most European governments have adopted the totally opposite approach and are continuing to liberalise online gambling legislation; which makes it a lucrative market for online gambling operators.
Even though Britain has one-fifth of the people of the USA, it spends around Americans on gambling, in accordance with figures issued by the Global Betting and Gaming Consultants (GBGC). And much of this UK spend is currently occurring online. So, what attracts online gamblers and are you can find any dangers involved?
The foundation of America’s ban on online gambling stems from a report issued by the National Gambling Impact Study Commission in 1999. The major finding for the reason that study highlighted the fact’the presence of a gambling facility within 50 miles roughly doubles the prevalence of problem and pathological gamblers ‘. Obviously, with the rise of online gambling that’gambling facility’is sited within the home. So – the argument goes – that gives rise to more gambling opportunities and therefore the likelihood that more individuals can be compulsive gamblers. They are involved with gambling, and winning doesn’t minimize that compulsion; the more they win, the more they play. Worse still, the more they lose the more they play to attempt to recover their losses until the point where their habit becomes unaffordable, and they go under financially.
But, despite the dire warnings from the USA, a large proportion of individuals who participate online can control their gambling and play comfortably inside their means. For many, online gambling is a form of entertainment from which they get a news and occasionally a win. The fact games can be played in the comfort of the home obviously increases the attraction. Sophisticated software may now replicate the casino experience; full-colour graphics and convincing sound putting the ball player in one’s heart of the action, even though in fact they’re in front of their computer screen. And due to the rapid uptake in online gambling, revenues are increasing allowing a share of it to be returned to players as bigger jackpots and prizes, which in turn attracts even more players.
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