Casinos have been a hypnotic fascination to gamblers all over the world and these are still blowing the minds of gamers with ease. A land-based casino has been the showstopper snatching the spotlight since its establishment. These are still marked victorious with the gathering of gamblers, no doubt. But its halo has faded over the ages and the technology of the twenty-first century has accelerated this dimming. Standing on the verge of digitized technology, online casinos have seized the ground of land-based casinos and are slowly slipping into their shoes.
Nowadays, in this digital world, people want to try a seamless experience of gaming without wasting time and that’s why they mostly prefer online gambling, which they can play anytime anywhere. While most countries try to regulate and bar the growth of the online gambling business, many countries welcome and appreciate this budding online experience of gambling. This article gives you a list of top-rated countries for international online gambling.
The United Kingdom
Online gambling in the United Kingdom is supervised by the UK Gambling Commission. All UK gamblers should be registered in the GamStop self-exclusion scheme. Online gambling companies have to acquire legal licenses for curating gambling businesses.
In 2019, UKGC regulated more strict rules regarding online gambling – the companies have to verify the age of all customers before their stake. Thus, the UK is tough in the online gambling business in terms of its rules and regulations. This contributed to the popularity of non-UK-regulated platforms like My Stake Casino among British players. Casinos like that, do not follow UKGC rules, but still are acceptable for Brits
Sweden
Sweden, a Scandinavian country, is a big name in the international online gambling business. It introduces a new ray in the field of online gambling by passing a bill on 1 Jan 2019, which substitutes the monopoly of the age-old state-run online company, Svenska Spel. Instead, it goes to the private operators to navigate the online gambling business, in terms of proper license from the Swedish government.
The operators take care of the security and safety of the Swedish people. One of the most popular sites in Sweden is LeoVegas, which provides great bonus deals. $492 coming from the online casinos along with sports betting operators, adds to the total revenue paid to the Swedish government.
Malta
Malta offers an online gambling experience to both national and international players. The Mediterranean country provides online gambling under the supervision of the Malta Gaming Authority. Last year about 323 companies were enlisted to offer online gambling experiences all over the world.
The online gaming experience in Malta became easy after the passing of the online gambling regulations in 2004. About 10% of the whole online gambling companies over the world are registered in Malta. According to the 2019 report, online gambling contributed to 13% of the entire Maltese economy. Betsson, Topic, and Betfair are important names in the field of online gambling.
The USA
The USA ranks as one of the richest countries in the world and it is quite popular in the world of online gambling. Online gambling becomes operative in the USA only after 2018. The closure of various casinos due to the COVID-19 pandemic opens up windows before the USA for online gambling services. Still, not all US states permit online gambling.
At the time of writing, New Jersey is one of the largest service providers in the online gambling business. In 2020, the online gambling business in the USA will be worth USD 2178.29 million. The companies that invest and contribute to the online gambling market in the USA are – William Hill PLC, Flutter Entertainment PLC, Draftkings Inc, 888 Holding PLC, etc.
Canada
Canada holds the 8th position among the most online gambling countries. According to reports, Canadians spend almost $5 billion on online gambling every year. The provincial government introduces the online gambling platform to mitigate the deteriorating revenue collected from land-based casinos. $1.2 billion out of a total of $2.64 billion in revenue emerged out of online gambling in 2021. But Canadian online gambling needs a proper license and regulations approved by the government to process online gambling.
Italy
The online gambling market in Italy stands as the second-largest in Europe. As the government can see the budding revenue from online gambling businesses, it puts emphasis on online gambling. Italy started offering its online gambling experience in 2007, although the companies started getting licenses in 2010 through AAMS. AAMS has authorized 160 licenses to various online gambling operators. Online gambling games such as online poker, sports betting, fixed odds, craps, scratchcards, keno, Slingo, and arcade are legalized by the 2009 Abruzzo decree in Italy.
Conclusion
One thing that is clear in this article is that as long as online gambling companies or sites are properly licensed and regulated, there is no harm in taking money in online gambling. By keeping faith in advanced technology, one can give online gambling a chance, as it is now gradually becoming the new normal.