Global online gambling is changing: upcoming trends

 The country that holds the most authoritative license in the world has asked new questions to new online casinos- fastpayout-casino.com/new-online-casinos/. The U.K. has developed regulatory innovations.

A little backstory

In the mid-20th century, England legalized almost all types of gambling. Ahead of many countries, in 2005, the state updated the old orders with the Gambling Act. Land-based and online casinos secured legal status.

Already in 2007 the UK Gambling Commission (UKGC) was established to deal with gambling issues. Year after year, the business has grown and developed, becoming a major revenue stream for the Ministries of Sports and Health. According to various studies, about 65% of Britons gamble at least once a year.

The news feeds of the mainstream British media now say mainly three things: gambling in Britain is flourishing and generating new revenues, the country is expanding the reach of gambling, and there is another round of discussions about regulation.

The Challenges of the British Gambling Industry

What are the challenges facing the local industry? In fact, there has been tension among various structures and segments of the population about the growth in the number of gamblers. This is despite the fact that the rate of sports betting declined last year. The situation is fueled by articles about the dangers of gambling, which, in a wave of populism, quickly filled the top lines of some news sites .

Banks found themselves disgruntled by groups of citizens who were not too responsible with their budgets. Englishmen took money on credit and tried their luck at online casinos after a series of losses (which rarely paid off). As a result, the players got big debts, and the banks got a category of citizens unable to pay them back.

On the other hand, the Ministry of Health has turned its attention to the problem of teenagers addicted to gambling. All because the boundaries of advertising in England are much wider, and the attitude to gambling is about the same as, for example, to amusement rides.

The common interest of both sides has become intertwined in a decision to increase regulation. As one of the world's leading countries in terms of gambling, England has something to tell us.

The security methods are as follows:

Entry by passport only .

The UK is concerned about underage gambling, where a child or teenager can take carelessly of the family or personal budget with little understanding of the rules of the game. This has been made possible because most establishments ask for documentation at the withdrawal stage of winnings.

Entering only with passport may become a serious barrier for new players, but should greatly increase the transparency of the casinos.

On the other hand, the authorities propose to limit the sale of lottery tickets to citizens under the age of majority.

Restrictions on advertising 

The measures concern the prohibition of casino promotion through animated characters, famous actors, TV presenters, athletes and other celebrities, which are especially popular with the children's audience. References to youth culture also fell under the ban.

Operators will no longer be able to show in their ads athletes, celebrities or other personalities who have not yet reached 25 years. By the way, advertising rules have been approved and will come into force on April 1.

Tightening the user agreement and surveillance of the gaming process 

England is considering a ban on payments in casinos with credit cards or the introduction of special limits that could vary depending on the ability to pay players. Banks have already said they are ready to implement the first option.

It's hard to judge how feasible this would be. Players can easily circumvent such restrictions by making deposits from e-wallets. If the commission goes further, banks will have to track citizens who gamble and restrict financial services to them.

Limiting bookmakers 

Bookmakers will have to reduce the maximum bet by a factor of 50, from £100 to £2. There will also be an increase in tax charges for bookmakers from 15% to 21%.

How things will develop further

Legality will allow the English gambling industry to make new expenditures on security items, essentially turning the investment into long-term profits. 

To some states, gambling houses bring money into the budget: it is used for state development and the mitigation of "side effects". Other states prefer to spend the already limited funds on new methods of combating gambling. And in the second case, it becomes more difficult for honest casinos to remain transparent.

Creating mirrors, blocking and relocating the main site, unnecessary legal burden - all this requires spending. The truth is simple: demand breeds supply. It's easier to channel human ingenuity in the right direction, rather than trying to cut it down at the root. Especially in the matter of gambling, which has survived many centuries.

With the restrictions to prove honesty is more expensive, but institutions continue to go for it. Fund for the development of the casino is formed in the following order: promotions - increase the flow of deposits - additional profits. This technique has long been in the habit of establishments CIS. Its creative manifestation is the Screen Race. Competing in the quality and quantity of screenshots, users earn points. The number of winners is not limited to the number of participants. The author of the regular contest was Play Fortuna.

World ranking

Along with the UK, another 32 countries have a policy to regulate local and foreign casinos with local licenses. This is by far the most sensible approach among others. It ensures citizens a high level of all gambling sites available to them.

Undoubtedly, some of the establishments of the Foggy Albion will suffer - the conditions for a British license will be tougher. Perhaps not all measures are justified, but some of them will lead to more meaningful gambling. They can be adopted by other states.

Recall: in order to protect the interests of the state operators in an active regulatory environment, the British government has created a new body.