Online Gambling Expanding Despite Restrictions

Published Friday, October 24, 2014 - Online-Casinos.com
Online Gambling Expanding Despite Restrictions

Around the world online gambling has grown and has made inroads into areas where by law it is not permitted. The areas where it is legal, licensed and taxed have created a safe and reliable environment for adults to play for real money. The efforts of governments and organizations to protect the vulnerable and youth from problems associated with gambling have been somewhat effective in combating the issues. In other areas there is some risk for the consumer of gambling services especially where it is prohibited making players vulnerable to prison and fines.

White markets are jurisdictions where remote gambling is legal, authorized and accepted without concern or without any restrictions. Black markets are areas where online gambling is absolutely illegal under all circumstances. Grey markets are in parts of the world that online betting is almost legal or just accepted. Real totally legal markets are small and it is almost impossible to find a jurisdiction that welcomes or openly encourages offshore internet gambling without some conditions.

China is a good example of the black market situation where China recently imprisoned four citizens for playing at online gambling site Bet365 and two citizens for promoting Bet365 in an internet blog. The  ‚Äúplay at your own risk" warning is often just ignored by players who think they will never be observed.

Most jurisdiction fall into the grey zone such as Canada, France and Germany. In Canada and France for example only the horse racing industry and the provincial governments are authorized to operate  gambling services however there is no mechanism or desire for governments to go against individual bettors who want to place bets at offshore web domains and there is no motivation to prosecute foreign operators.

Many other areas require operators to be licensed and pay attention to the locale of bettors. These taxation systems have been a major stumbling block for those who offer their services within the European Union with some claiming these regulations contravene the E.U. mandate for free trade.

 

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