February 13, 2013
Online Casino Gambling in UK Soars to GBP2 Billion Business
-- The UK online casino and gambling industry continues to grow at an incredible rate, and the latest statistics released by the UK government show that the industry is now worth nearly GBP2 billion a year. --
GIBRALTAR, February 13, 2013 /24-7PressRelease/ -- Ever since the Blair government made its first move in 2005 to present major reforms to Britain's gambling industry through the introduction of the Gambling Act, hundreds of top quality UK online casinos have sprouted, offering players a wide range of games through award winning casino software.
Players are drawn to these sites for a number of reasons, including the chance to play the same games found on the floors of the best land casinos, only with the convenience of playing them from their home computers or off mobile devices. Table games such as online blackjack, online roulette and online poker are hugely popular, as are online video slots, online keno and more.
Another draw card to online casinos, and the reason that they have created a multi billion pound industry, is the fact that many of the games are available for free. Casinos may not initially make money out of offering games such as free roulette, but their logic is that players discover the software and games, without the added pressure of spending cash from their own bankroll initially, and eventually hone their skills enough through these free games to switch to real money online gambling.
According to the recently published statistics, nine million people from the United Kingdom will gamble online in 2013, whether at online casinos, online sports betting sites, or even purchasing lottery tickets online. This is a far cry from the numbers who wagered online when internet gambling was introduced by the Isle of Man based Microgaming nearly 20 years ago. Things really changed, however, after the Gambling Act was passed, allowing gambling operators to advertise their products in the UK, with this permission also extending to other countries in the EU, as well as 'white listed' jurisdictions such as Alderney and the Isle of Man.
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