3 Countries Where Online Casinos Are Well Developed

EU is the most promising and fast-growing market for gaming today. The key factor determining this place of the Old World is the most liberal system of legislative regulation and taxation. In this review, we explored the gaming markets of three European countries where online casino gaming is especially developed. Going Global Europe is the most economically developed region with the highest and fastest-growing GDP, bringing about a quarter of the income of the entire gaming business. According to the report of the British consulting agency GBGC, the global gambling market attracts $525 billion annually. Accordingly, the European gambling market is approximately $130 billion. The fastest-growing segment of the European gaming market is online gaming, which is growing at 15 annually. This is the maximum figure compared to other regions of the world. Gaming is legalized in all EU countries, the system of supervision and control is well-established, lawmakers are constantly adopting amendments, depending on changing market trends. The United Kingdom Gaming is currently regulated in accordance with the Gambling Act, 2005, including lotteries, casinos, slot machines, etc. The UK gaming industry represents a significant part of the entire economy and brings in more than £2.3 billion in GDP. In total, more than 214,000 people are employed in this business, and the income is estimated at £1 billion annually. Online casino games are completely legal in the country. People can play online casino games for fun or for real cash. The Gambling Commission is the main observing and regulating body in this sphere.   Italy All gaming business in Italy is state-owned. The establishment of private casinos, gaming houses, and slot machines is prohibited by law. Gaming establishments in Italy are located exclusively along the perimeter of the state’s border, “intercepting” the Italians intending to play in Monte Carlo, France, Slovenia…