During the past decade, many everyday activities have been moving online. Nowadays you can do pretty much anything on the Internet: pay your bills, buy a concert ticket, book a flight or accommodation, buy whatever you feel like in online stores, as well as sell any kind of goods. With all this being possible, it is logical that online gambling is also one of the many things Internet has to offer. Online bank accounts make placing and raising funds easier and more available than ever before.
Virtual casino developers have recognized the needs of modern society and the possibilities to put the games available online, therefore the number of online casinos at the moment is quite large, and is constantly on the rise. In the countries where classic gambling is legal, its online counterpart is legal as well, since the money is nowadays easily transferred through the Internet.
According to some researches, online gambling will cross over into mainstream by 2019. The researches state that by 2019 there will be 1 out of 10 adults engaged in some form of mobile or online gambling, in one way or another. Trends are particularly advanced in the UK and Italy, where even a half of adults are going to be involved in the world of online gambling until the provided deadline.
It is assumed that the liberalization of online markets across Europe and the USA will particularly contribute to this trend, since the new regulations provide smooth business and cash flow. One more factor is also important, and that is convenience of access – which is certainly the dominant role played by smartphones. Also, there is the obvious migration from standard forms of gambling, lotteries and other forms of betting and gaming to their digital forms or equivalents.
As far as Europe is concerned, it is expected that the latest EU AMD (Anti-Money Laundering) directive will lead to harmonization of the market within the European Union. Connected with this, harmonization of national policies towards gambling and betting is expected, with an emphasis on online gambling forms. Some countries, such as Portugal, have imposed new forms of taxation, which caused that some key players withdraw from the market, as did William Hill. Something similar happened in Germany, where they Playtech and Mansion have withdrawn. However, the research company shows that it does not lead to a reduction in online gambling – on the contrary, the number of users is not reduced, and it actually happens is that they move to unlicensed bookmakers and casinos, which do not provide the country with income.
There are a large number of Internet casinos, and more are yet to appear, as well as that the number of people gambling online is constantly rising. Because of all this, it is necessary that the national policy on gambling is in order and in compliance with all the other laws, in order for online gambling to be completely legal and not to pose problems for its users.