Just as the Internet has proliferated to every corner of the world, following closely behind is the expansive world of online casinos. Starting in 1994, not long after the dawn of the World Wide Web itself, online casinos spread from their primitive form of gambling software in the Isle of White to almost every corner of the world, oftentimes even in countries that shun traditional casinos. Here, we take a quick look at the current state of online gambling across the globe.
North America – US and Canada
Whilst the US may be home to not only Las Vegas and Atlantic City, but thousands of other gambling communities ranging from simple slots to high-octane casino cities, many states and regions in the US and Canada restrict or ban online gambling. All online gambling service providers are required to be licensed or they are unable to legally provide services or to advertise. These licenses differ from state to state, but one example is the Pennsylvania Gaming Control Board in the USA. It is important to check up on the licensing of your preferred online gambling site or you could be at risk of illegal activity.
However, in the more casino liberal Canada, it is completely legal for offshore online casino operators to offer Canadians players to play on their platform. Online gambling in general are on the rise amongst Canadians, and you can see a large increase in both the numbers of players and active casino operators over the past years – Dreamz.com, royalvegascasino.com, and LeoVegas.com – are a couple of popular sites this growing casino industry in Canada.
Being the historical home of gambling, with the first casino being Ridotto, established in Venice, Italy, in 1638, Europe has a wide and well-established online gambling community. Each individual EU state has autonomy with regards to their online gambling legislation, and rules and regulations tend to vary quite a bit between the nation-states. With this being said, most EU countries allow for some form of online gambling market. Online gambling is, in fact, increasing in popularity year-on-year, with an approximate increase of 10% annually. This puts the prediction of the overall worth of online gambling in Europe to a staggering €29.3 billion in 2022.
Asia, particularly China, is home to an increasing number of gamblers, both on and offline. Games of chance are hugely popular across Asia, with regions such as Macau home to many of the world’s largest casinos, with the largest jackpots to boot. In many ways, as parts of Asia lead the global technology boom, it should come as no surprise that online gambling in Asia is enormously pervasive. Even in India, where gambling is still officially illegal, the development and popularity of cryptocurrencies means that many are able to bypass their country’s restrictions with regards to online gambling. This increasing availability and popularity of online gambling have left many online casinos scrambling to find their way into the market. Whilst it is difficult to get precise numbers on this due to the slightly illicit nature of these developments Calvin Ayre postulate an increase of 15 billion US dollars in the Asia-Pacific region year on year.