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Online gambling has become a concern for many countries, including Canada and the United States. Online gambling was made possible by the Free Trade and Processing Zone Act, passed in 1994 by the government of Antigua-Barbuda.
An online casino player wins $414,119 playing a slot game at a Caribbean online casino's version of The Sands.
Online gambling is, unfortunatly, ideal for those who may become addicted to these risky games.
A study done in Ontario (Responsible Gambling Council) found that online gambling has one of the highest rates of frequent participation, 25% gamble once a week and 50% gamble daily.
Although online gambling is illegal in Canada, 85% of gamblers have gambled online according to a study done in 2002. Research has shown that even children and young teens are becoming addicted to online gambling.
As well, people underage can also participate in “real” gambling, since there’s no way to tell how old the player is online. If a country does have laws for online gambling it is very difficult to enforce these laws. Some of these free online gambling sites are funded by parent sites which play with real money. Many would not find it unusual to see an advertisement for online gambling while they are surfing the net. Canadians recognize gambling as an important source of government revenues, and prefer increased gambling to higher taxes. As was seen in the above analysis of gambling’s acceptability, Canadians are willing to admit that gambling is an acceptable part of our community standards. Canadians are aware of the problems associated with gambling, but do not feel these problems would go away if gambling opportunities were restricted. Due to the many problems that online gambling causes it would be a benefit for the government to intervene. In New Jersey the American Gaming Association has filed a brief with the Casino Control Commission opposing the licensing of PokerStars. There will be a hearing on the suitability of PokerStars to operate the Atlantic Club casino later this year. Hawaii has failed to pass an online gambling bill now for five years, in Iowa the Senate passed an online poker bill last year but it failed to pass the House. With a background in game development spanning 8 years, Sam Peterson is OCA’s leading authority in the world of online gaming. The European online gambling market continues to grow, and the UK is ahead of the pack still. The UK is one of the biggest and longest running legal online gambling markets in the world.
UK players spend around ?1.7 billion per year on online gambling in the UK, around 18 per cent of total UK gambling revenues.
Almost 1 in 10 of the gambling sector’s gross revenues now come in via interactive channels.
At the end of 2010 the mobile gambling market mad up just short of 10% of the online gaming market  0.6% of global gambling GGY. We are whizzing off to Canada in this post, to take a look at how plans for a Toronto casino complex would result in 2 towers in The City which could be highest in Canada.
Turning what can be a time consuming and frustrating process highly susceptible to abandonment into a swift, secure and regulatory compliant process is, arguably, the ultimate goal of the gaming industry. The fundamental cause of this is that online betting transactions are very closely regulated, and with good reason. The company that sets new benchmarks in top-up and withdrawal time and ease of use will be the company that dominates the market.
Many online casinos and sports books today operate under licenses granted pursuant to this legislation and Antigua-Barbuda remains one of the online gambling industry's most popular licensing jurisdictions. A lucky player playing the Microgaming progressive slot game Major Millions at Captain Cook's Casino wins a massive $1.59 million. House of Representatives backs legislation that would effectively prohibit Americans from gambling online. At the same time, Canadians want limited access to video lottery terminals (VLTs), increase forces for troubled gamblers, and a public debate prior to the introduction of new regulations.
As a result, the law of gambling must balance government revenue needs with community interests. The provinces may also license charities to participate in gambling activity through online raffles, pull tickets, and some bingos.
These regulations include restrictions on what games are available, who can gamble and when, the payout rates, and who can operate gambling.

Canadians believe gambling to be a predictable part of our culture in spite of the consequences. Although not everyone chooses to participate in gambling, protecting the opportunity to gamble is important. However, this should not be taken as approving the good and bad elements associated with gambling. Using a ten point scale, respondents where asked to rate the seriousness of drug addiction, alcohol addiction, gambling addiction, smoking, and driving above the speed limit. It is interesting that the high inconsistency on the gambling addiction responses (standard deviation=2.5, highest of all five problems examined). Part of the answer appears to lie in the extent to which gambling is funded by the poor and problem gamblers.
In particular, differences are noticeable between surveys constructed in the Atlantic and those from Ontario. Government intervention is more ideal than making online gambling illegal altogether, since many enjoy the games and this would prevent some of these people from proforming an illegal act. The bill covers the expansion of brick and mortar gambling in Chicago and four other cities as well as online gambling. However, the bill does exclude software providers if they have ever accepted US players in the past.
However, H2 Gambling Capital is predicting fast growth in Italy, France and Spain that could leave Britain in their wake. It is reckoned to surge to above ?2 billion for the first time in 2013, fuelled by mobile gambling. Currently sized at just under €24.6 billion, the online market is forecast to grow to over €32 billion by 2015.
Yet even a cursory glance around leading online gaming sites shows waits of up to five working days to transfer to bank accounts and even up to a day to transfer to an e-wallet.
Transfers to and from accounts are notoriously slow, even in this age of instant information exchange and fast payments. As we discussed in last week’s blog, the fight against organised crime and terrorism means that online betting firms have to make sure that the people who are depositing and withdrawing funds are who they say they are.
The less automated the checks are, the longer the process will take, the more frustrated the customer is.
The answer has to be secure and automated Identity Management effected through advanced authentication. Allowing the customer to verify their identity easily and securely will be a significant competitive advantage in this bitterly contested market.
The Republican-sponsored bill, which passed by a vote of 317-93, would make it illegal for U.S. Petry (they’re finding are reported in an issue of Psychology of Addictive Behaviours) they found that people have more serious gambling problems if they gamble online. The survey findings provide data for current debate, and can be used to track future changes in gambling opinion. The law in Canada allows provincial governments to set gambling regulations, and restricts gambling provision to the provinces, charities, exhibitions associations, and first nations groups. Two-thirds of respondents (67%) indicate that gambling revenue is a preferred method of raising money, 19% prefer raising taxes, and 13% favour neither. To measure the satisfaction, respondents were asked “who should operate gambling in Canada?” (Figure 1). The survey measured the overall attitudes of Canadians toward the government’s role in controlling gambling by asking whether they would like to see more restrictions, less restrictions or about the same level of restrictions on gambling in their province.
On the other hand, gambling is seen to do more harm to our communities than good with Canadians perceiving no positive impact on quality of life.
The survey measured this importance by asking respondents to indicate whether they agree or disagree with the statement, “it is my right to gamble regardless of the consequences.” In total, 63% of the sample agree or strongly agree with this statement.
On the other hand, gambling’s acceptability appears fixed in the view that gambling is an inevitable part of our culture that cannot be stopped. As a result, the regulation and operation of gambling by the government is seen as the correct means of controlling its consequences.
At 6.2 out of ten, gambling addiction scores the lowest relative to these other social problems. Those who feel gambling to be a problem rate it as a very serious problem, while those respondents who feel it to be a less serious social problem rate it very low. Some forms are known to create a situations of regressive taxation because online players of all income levels that gamble similar amounts will lose at equal rates. On this question, 38% of Atlantic respondents strongly agree that gambling is an unfair tax while only 18% of Ontario respondents strongly agree. However, without government intervention some of the problems associated with online gambling, such as addiction and theft, may get out of control.

The market has been highly competitive and this has resulted in growth- something you can’t fail to notice if you watch a football game on the telly these days.
It may even account for between a fifth and quarter of the industry’s revenues (matching the numbers in the United Kingdom, Sweden and Hong Kong). Anti-Money Laundering (AML) legislation is strictly enforced by almost every Government globally.
Manual checks also take valuable staff time making them costly to provide and open to varying degrees of human error..
This will vastly increase the speed and accuracy of the KYC process while still maintaining full regulatory compliance.
Congress's primary opponent to online gambling, introduces the Internet Gambling Prohibition Act, designed to make it illegal for any company to offer an online gambling product to U.S. Microgaming forms a deal with Big Five auditing firm Price-Waterhouse-Coopers to review and report on casino payout percentages.
The majority of online gamblers, in this study, showed that they have the most serious levels of gambling behaviours; which are level 2 (problematic) and level 3 (pathological).
All results and analysis of this study were constructed and fielded by The Canada West Foundation’s Public Opinion on Gambling (CWFPO).
This places the provincial government to become both the manager and supporter of gambling. Overall, Canadians are willing to use gambling revenues to fund a variety of government obligations, including debt repayment. Some responses were the provincial and federal government, the private sector, charities, and First Nation groups. A significant number of respondents (43%) indicate that their governments should be doing more to restrict gambling in their province, while 47% are satisfied with the current level of restriction. Only 10% of Canadians indicate that gambling has any kind impact upon them personally, positive or negative. Western Canadians have the strongest views that they have the right to participate in gambling. Respondents were asked to indicate whether they agree or disagree that “people will find a way to gamble even if it is illegal.” A very strong majority (92%) agree with this statement (67% strongly agreeing)(Figure 2). This splitting of opinion into extremes is a pattern, one that influences responses throughout the survey. Consequently, lower income gamblers pay proportionately more dollars than higher income gamblers. This perception might reflect the tourist-based casinos that are less likely to draw lower income players from the US. Government intervention would help creat a stable online gambling atmosphere so many people may enjoy the games without worrying about some of the risks that were involved before. All these questions lead to the vendor of preference, but once the registration begins it becomes clear that far more is involved.
After all, if online betting companies are offering instant odds and instant games, surely they should be able to offer as close to instant pay-outs as possible. As of September 1999, Christian Capital Advisors estimates that there are approximately 700 casinos taking money bets over the Internet. Before becoming law, the bill must successfully pass through the Senate, which at the moment, appears increasingly unlikely. Most people would find it very convenient that there is no need to enter a casino or bingo hall.
When asked if “gambling revenue should be used to help governments pay off debt” 66% of respondents agree that they should (38% strongly agreeing). From the CWFPO, 35% indicated that the provincial governments should operate gambling with charities the second most common choice with 16%.
Respondents were asked to indicate whether they agree or disagree with the statement “gambling is an unfair tax on the poor.” Contrary, 46% of respondents disagree. To avoid this perception, provinces operate their regulatory organization closely to the government to ensure monitoring of gaming operations. Taking a look into the history of online gambling, problems with online gambling, and the pros and cons with government intervention may help when looking for answers to these questions.
Frost and Sullivan report that online gambling industry generates $834.5 million in revenue.
Those aged 18-34 are more likely to agree (71%) that the right to gamble is more important than the consequences than are those 55 years of age or older (56%).

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