Interest in Online Gambling: Casino
Owners and Bookmakers About the
Formation of Online Market
Online gambling, also known as Internet gambling and iGambling, is a general term for gambling using the Internet.
“In the face of huge amount of players and the fact that the state has no remaining way to control the outcome of foreign websites, the legislature has reconsidered its position in online gambling.
Also as representatives organizations and companies in domain online gambling we are asking online gambling regulation”, said a representative of casinos. The fact is that more and more sites abroad, many of them registered in tax havens such as the Isle of Man and Malta, have begun to advertise aggressively in online gambling. The global online gambling market will rise to 9 billion euro this year, which means 12% of the total gambling market. If online gambling market is only searching its framework, offline gaming is becoming more “black”.
“White market dies and the black one increases. Casino industry which operates legally collapses due to high taxes introduced by the state. President of the National Association for Consumer Protection said, “135 companies were controlled in the dimain of the online gaming, all of them being fined for various problems.”