The online gambling market in the UK has doubled in five years, with more than a million punters regularly betting via the internet. According to a research conducted by the Department of Culture, Media and Sport, UK gamblers make up approximately one-third of Europe's estimated total of 3.3 million online gamblers.
The average amount spent by each gambler is estimated at £1,000, with the European sector now worth £3.5bn annually.
Among the 70 online betting sites in UK, none are gaming sites promoting card games like poker and blackjack. A majority of the world's 2,000+ online gambling sites are located in places with dubious online gambling regulations. Antigua and Costa Rica account for more than 1,000 sites between them.
Women now account for a growing percentage of gamblers, responsible for 30 percent of all online World Cup bets.
The Government in the United Kingdom is hoping to introduce regulations and a tax system to streamline the working of the online gambling industry. With such regulatory framework in place, online gambling activities would be monitored and the industry can hope to achieve even greater heights in near future.
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