1. Start of Internet Gambling
It was only a matter of time before gambling began to operate online. Today, it goes by many names, including Online Gambling, Electronic Gambling, and Internet Gambling. It is widely agreed that online casinos started emerging in the mid-’90s, and they now cover over 20% of the overall market. Notably, sports betting takes up more than 30% of the market, while poker comprises around 15%.
2. How To Play?
Gambling on the Internet is quite simple. One option is to download the casino software onto your computer. Alternatively, you can register an account on a casino or bookmaker’s official website and choose to play for real money (which requires a deposit) or for free.
3. Online Gambling and the Law
Online gambling faces substantial opposition regarding full legalization. Critics argue that it exacerbates social issues. The temptation to gamble increases as stakes rise, potentially leading to a behavioral disorder known as pathological gambling.
Many countries impose bans and restrictions on online gambling. A major concern is that gambling websites often operate without government licenses, leading to a lack of tax contributions in the countries where they function. However, many countries are seeking to address this issue by allowing only licensed bookmakers to operate within their borders.