With the advantage of the internet, gambling for money also went digital. Nowadays, with laptops, tablets, smartphones in hand, anyone can play gambling games online and need not visit any fixed place.
The early concepts of gambling
Online gambling started as early as 1994 when Micro gaming appeared in this area with another partner, Cryptologic,to execute secured transactions for the online players. As the years passed by, online gambling games web sites have increased manifold. In 1996, only 15 sites were dealing with online gambling games, but in the very next year, its number reached 200 and now in many thousands. On reports of dubious activities by some of these companies, countries began to think seriously to step in and establish a regulatory body to monitor their activities.In 1994, Antigua and Barbuda became the first country to recognize online gambling games and legalize them. Afterwards, many countries also declared it as legal viz. Canada, the USA,etc.; however, it is declared illegal in some countries like the USA.
The modern world of online gambling
Well, there are many lsm99 เว็บตรง online companies across the globe such as 888 Holdings, Paddy Power-Betfair, International Games Technology, VGC Holdings, etc. Above companies are listed on different stock exchanges such as London, New York, etc. In comparison, 888 holdings belong to Gibraltar, with operating revenue of US$ 540 million. Some brandsof 888 holdings are 888casino, 888poker, 888sport and wink bingo. Paddy Power-Betfair is also listed on the London Stock Exchange and is one of the largest online gambling companies in the world. Whereas International Games Technology is also a headquarter in London and was founded in 1990. International Games Technology has a revenue of US$ 4.69 billion. The UK based online gambling company Bet365 was founded in 2000 and had more than 35 million customers. Bet365 has a revenue of US$ 3.3 billion.
Strategies to be adopted
This internet or online gambling can be stopped by adopting certain strategies or policies:
- Its accessibility should be restricted
- Ban on the websites developing the tool for online gambling
- Strict punishments for those promoting online gambling
- Awareness sensitization programs against internet gambling
There is a huge market of lsm99 เว็บตรง, and it’s swelling at a greater rate. As netizens will augment the user base, greater will be the market of online gambling. Well, still, in many countries, gambling is illegal.