The UK is the first powerful country in the world to pass laws allowing for the regulation of online gaming. By this September, gambling on the internet will be completely legal in the United Kingdom. Their intention is to invite offshore casinos, which are currently based on third-world islands, to come do business on their free land. Once the transition occurs, the UK will be in position to regulate and tax the 10 billion pound-a-year industry. Over the past year, the UK parliament has actively pursued laws to enable legalized and regulated online gambling within their territory. Taxation plans are currently being negotiated.

Other countries like Italy, who first banned all forms of web based wagering, are now moving to complete legalization through proper regulation. Spain and South Africa are following suit, helping to bring Internet gambling acceptance to the global marketplace. There are some countries, like Germany and France, who are leaning towards prohibition, but their purpose is to protect land-based casino gambling operations. However, protectionism goes against European Union standards and many challenges lay ahead for the liberal continent. At the opposite end of the debate, the United States has declared a prohibitive stance towards the industry citing moral issues as their argument, however they do allow brick and mortar casinos, lotteries, bingo halls, and horse racing tracks to operate legally on their land.

The Internet gambling industry changes on a month-by-month basis. Keeping up with all the current events and latest newsworthy happenings takes time and devotion. It is our duty and pleasure at Casino Gambling Web to perform this job on your behalf. We take great pride in delivering quality and relevant news pertaining to the industry so be sure to stay tuned.

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