Is Online Gambling Legal?
While many countries still restrict online gambling, many others have banned it altogether. The United States, some provinces in Canada, most countries in the European Union, and several Caribbean nations have legalized online gambling. To operate in these markets, online gambling service providers need to be licensed by a regulatory authority such as the United Kingdom Gambling Commission. Pennsylvania Gaming Control Board is another example. If you’re concerned about the safety of your money while gambling online, you should contact a licensed casino operator.
Although there are numerous risks associated with online gambling, it is generally easy to overcome these risks. The first step is to understand the potential financial and emotional impact of gambling. Many people are addicted to gambling and have a very difficult time stopping. While some players only lose interest after a short period of time, others become emotionally and financially distraught, unable to carry out basic daily activities and fulfill social responsibilities. If you feel that you have an addiction to online gambling, it’s important to seek help from a licensed gambling counselor or psychologist.
Online gambling addiction is a powerful force and can be difficult to fight. Fortunately, there are many treatment programs and support services that can help those addicted to online gambling. The National Gambling Impact Study Commission and other government agencies have both attempted to quantify the size of the industry. These agencies agree that growth has been phenomenal. In 1997, there were fifty to sixty internet casinos operating in the Caribbean. These casinos generated around $300 million in revenue. By 2000, there were approximately 700 sites worldwide.