| | |  | Last Updated: Tuesday, June 19, 2007 |  | | | Survey Says Citizens Not Impressed by Gambling Regulations
- Saturday, 11 Feb 2006
Almost every country in the world is trying to regulate online gambling in one way or another. The US government stands strong behind their anti-online gambling regulations, while the UK is in the process of hosting a world summit on the industry. Considering the fact that online gambling is a $12 billion a year business, which is growing consistently, it is not surprising that there is so much controversy around it. Only 20% of people think that the UK government is doing enough to regulate online gambling, according to research consultancy XTN Data.
The news comes ahead of introduction of the Gambling Act next year which for the first time allows internet casinos to based in the UK. The Act also places responsibilities on gambling websites to ensure they're not being access by under 18's. XTN Data found that internet sports betting sites were the worst for keeping children away from their sites. The survey which question 1,000 people also discovered that 35% thought overseas based gambling sites were less trustworthy than if they were based in the UK.
Last year saw continued growth in online gambling with three major internet gambling flotation's including Party Poker which was valued at £4.64bn. It therefore comes as no surprise that the Party Poker brand was recognized by nearly half of people surveyed and the destination of nearly a third of online poker players. While the research found that people planned to use internet gambling more, over 50% didn't know how to play most casino games and most casinos were failing to help. As online gambling becomes more mainstream gaming operators need to do everything they can to attract new users including teaching them basic strategies for games.
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