Gambling and especially online gambling has registered a boom all over the world during the last 20 years due to the development of technology and the Internet becoming available to more and more citizens. And even though, in most cases, gambling is something a country can benefit from, there are some instances when the governments are totally against this industry. Let’s check some countries and how they treat the gambling subject.
The online gambling market in Italy was recently awarded the second place in all of Europe in terms of the revenue generated by the gambling industry. It registered a rise of 25% compared to last year and reached 10.26 billion EUR. And even though the AAMS, short for Autonomous Administration of the Monopolies, is quite rough with every new operator that wants to penetrate the Italian market, the prediction for 2017 is even better. The Italian government cashed-in almost 250 million EUR out of the gambling activities but it seems that it’s still not enough as they are working on a new law to boost the tax for every win over 500 EUR from 6% to 10%.
Gambling in the British archipelago has prospered starting with the Gambling Act of 2005 that was actually put into application in 2007, an initiative of the Tony Blair government. This has paved the way for TV advertising of online casinos and as soon as online casinos got direct access to so many potential customers, things went crazy. The income from gambling jumped from 8 billion pounds in 2008 to a record-breaking 13.8 billion pounds in 2016. That being said, there are some signs that the government might want to slow down this avalanche of gambling development, however, it could really prove to be a wrong move.
Gambling in the Scandinavian Peninsula was a taboo subject up until January 2012 with only the state-operated Danske Spil allowed to offer gambling-based content to the Danes. The pressure was high for some immediate changes as there were a lot of companies that operated under the radar, offering online casino uden nemid and sportsbooks to Danish players.
The new and improved law allowed big companies like bet365, Ladbrokes or William Hill to enter the Danish landscape and tax income registered a huge boom. With plenty of sites like voguepay.com/dk/, the residents of Denmark can now enjoy some quality gambling. But even in these conditions, the Government is very cautious when it comes to advertising and you have to go through a lot of checks and compliance layers before receiving a license.
No matter how you put it, there is no denying that gambling activities, if done under the right oversight, are beneficial to the economic development of each country. The thing is that gamblers will always find a way to play so it’s a good idea for governments to back up gambling and create laws to support and regulate it. What about your country, how is gambling viewed where you live?
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